PR97451

CHANGSHA, China, Aug. 16, 2022 /PRNewswire=KYODO JBN/ --

The benchmark facilities aim to take lead in manufacturing new dry-mixed mortar

construction materials

This July, Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion;"

1157.HK) began commercial production of its New Material Industry Park in Ji'an

City and started the construction of two flagship factories for new material in

Xiangyin County and Chongqing City in China. The progress land a significant

strategic achievement of Zoomlion's new material business of dry-mixed mortar

roadmap and a milestone in the company's new material development.

Zoomlion's new material manufacturing specializes in the R&D and production of

green, energy-saving and high-efficiency new dry-mixed mortar, providing

integrated solutions from formulation, production, and logistics to

construction and service.

"The need for high-strength, environmental-friendly, and intelligent

construction projects is expanding in recent years, which presents a huge

opportunity for new construction material markets, and Zoomlion has strong

advantages in technology, products and supply chains in new material

manufacturing," said Chen Peiliang, vice president of Zoomlion and general

manager of Zoomlion New Material Technology.

"We own over 3,000 types of formulas and techniques of building materials and

have formed a system of five major product categories. We also have the

complete supply chain which consists of an intelligent production line, new

construction materials, construction equipment and methods," added Chen.

Currently, Zoomlion New Material Industry Park (Ji'an) has launched an RMAS4000

dry mixed mortar production line that produces mainly prefabricated mortar and

lightweight mortar for mechanized construction. In near future, the company is

looking to further invest in high-end special mortar production lines such as

KMA and MTA following market demand.

Its new material factory in Xiangyin plans to construct 37,000 square meters of

production facilities, which upon completion will be the largest and most

automated manufacturing base for sustainable new materials. The company is also

building a new material flagship factory in Chongqing, aiming to achieve an

800,000-ton annual production capacity of various dry mixed mortar, with an

annual forecasting value of 800 million yuan (US$ 118 million).

"In recent years, Zoomlion has focused on expanding from its main business to

establish three major sectors: construction machinery, intelligent agricultural

machinery and intelligent farming, as well as new construction materials. The

diverse business layout has unleashed the potential of the company and drove

new business growth," said Chen.

Source: Zoomlion