Zoomlion: Reaping the World's Leading Tower Crane Technologies, Accessing the Overseas High-end Market

CHANGSHA, China, June 22, 2011 /PRNewswire/ --

Zoomlion clinched a technology transfer agreement with JOST Cranes Gmbh Pte Ltd. in Frankfurt, Germany on June 21 to purchase the technologies concerning flat-top tower cranes from the latter, a renowned expert at tower cranes. Zoomlion Tower Crane will possess the state-of-art design technology of tower cranes, and access the high-end markets in Europe and America.

JOST is a world-leading company with the most sophisticated tower crane technology and the most experienced design team. Mr. JOST, the company's founder and leader, is a legend in the global tower crane sector and one of the most influential tower crane designers in Germany and even across the world. Therefore, this business integration offers Zoomlion an opportunity to witness a great-leap-forward development in the technology of tower crane.

With its cutting-edge technologies and powerful manufacturing capacity, Zoomlion Tower Crane has secured predominant presence at the domestic market. On August 29, 2010, Zoomlion developed the world's largest tower crane - the D5200 -- for China Zhongtie Major Bridge Engineering Group, which signaled its formal access to the world's tower crane community and reaped much reputation at the global market.

"We've tried to integrate JOST's business because we're attracted by its world's leading technologies and its positive image in the world market. This attempt will create a significant advantage for Zoomlion's endeavor to explore the overseas market and meet the market demands." According to Huang Qun, the head of Zoomlion's Construction Crane Division, what JOST's design team can offer is not just technical materials, but a whole set of technical training programs. Actually, they'll spare no pains to support the localization of tower crane technologies in Zoomlion Tower Crane. Guided by the most advanced technologies and design philosophy, Zoomlion Tower Crane will handle an international perspective more accurately and interpret an international standard more comfortably so as to gain rapid access to the world's high-end market.

Some veteran media professionals are quoted as saying that this technological partnership with the world's leading tower crane design team demonstrates the company's great ambition to challenge the global tower crane leaders when its domestic leadership has been secured. Zoomlion Tower Crane, as one of the top ten companies in the global engineering machinery industry, is working hard to integrate the global resources from its steady international perspective, and to promote its global strategy rapidly.