Zoomlion [SEP] inception
environmental business and financial services.
Italian construction equipment maker Compagnia Italiana Forme Acciaio (CIFA) and British construction equipment manufacturer Powermole are subsidiaries of the company.
History.
Founded in 1992 as Changsha Hi-tech Development Area Zoomlion Construction Mechanical Industry Company, one of its first products were concrete pumps. The company grew out of a subsidiary founded in 1956 in Beijing, as part of the first Ministry of Machinery Industry, Ministry of Construction, Central Enterprise Work Committee.
History Early acquisition of state-owned assets.
- Hunan Zoomlion International Trade Co Ltd – located in Zoomlion Science Park, Changsha, Hunan it oversees export of Zoomlion products.
- Powermole Company – acquired on November 23, 2001
- Puyuan Group and Puyuan Engineer Machinery Co Ltd
- Zoomlion Bus Branch Company
- Zoomlion Finance & Leasing Co Ltd
- Zoomlion North Branch Company
- Zoomlion Hoisting Machinery Branch Company – originally located in Changde, moved to Changsha in June, 2006
- Zoomlion Puyuan Branch Company
- Puyuan Group Co Ltd – this