ZOOMLION: engineering machinery will still be three

In the environmental industry, agricultural machinery as the representative of the emerging sector related revenue ratio has reached about 40%, the strategic transformation of ZOOMLION is paying off. But in the view of Zhan Chunxin, chairman of ZOOMLION, engineering machinery will still be "three points in the world".

In yesterday afternoon, ZOOMLION 2015 annual shareholders' meeting, the company's "Dongshen Shen Ke" introduced in 2015, is the Chinese equipment manufacturing industry depth adjustment year, ZOOMLION around the "2+2+4 strategy", continue to promote management transformation and transformation and upgrading.

"Gross profit margins of all business sectors have been raised, reflecting our phased achievements in management transformation, quality improvement and efficiency improvement, and will further improve and improve. Shin said.

Meanwhile, ZOOMLION's environmental sanitation machinery has been firmly occupying the leading position of the industry, realizing the transformation from the device providers to the environmental industry's overall program providers and investment operators. The acquisition of LADURNER company in Italy enables the company to have the strength in the fields of sewage treatment, soil remediation, anaerobic fermentation and so on, and enter the field of environmental governance at multiple dimensions. At the same time, we should innovate the industrial development mode and create a county wide environmental governance mode.

In terms of agricultural machinery sector, ZOOMLION agricultural machinery sector aims to create "agricultural mechanization solutions provider", and realize the whole farm machinery product development, such as ploughing, planting, collecting, drying and so on.

But Zhan Chunxin also confessed that ZOOMLION farm machinery plate products concentrated in the middle and low end, "industry to upgrade, enter the middle and high end." He said, "for the big agricultural country in China, agricultural machinery is a promising industry, but it can not be seen now. After the market comes back, the company will have agricultural machinery sales network across the country, which will be our future emerging sector. There must be three points in the world."

Talking about the construction machinery plate, he said it was also the three part of the world. At the end of the month, due to various reasons, ZOOMLION announced the termination of the acquisition of Terex Corp, "if the acquisition, we will enter the global top three".

He said the company is going to practice "internal work" and continue to build up on this plate. On the one hand, to stabilize the operation quality as the goal, to promote firm capacity, risk control, cost reduction, short board work. On the other hand, we should keep the innovative vitality of the enterprise, launch 4 products, and promote the upgrading of the products.