The hottest Zoomlion is listed in the elite list o

2022-08-21
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Zoomlion Heavy Industry Technology Development Co., Ltd. (hereinafter referred to as Zoomlion), a high-tech listed company incubated on the basis of Changsha Construction Machinery Research Institute of the Ministry of construction, started with a loan of 500000 yuan ten years ago, and now has become the leader of the industry. After chairman Zhan Chunxin won the top ten most popular awards in China at the end of 2001

Zoomlion Heavy Industry Technology Development Co., Ltd. (hereinafter referred to as Zoomlion), a high-tech listed company incubated on the basis of Changsha Construction Machinery Research Institute of the Ministry of construction, started with a loan of 500000 yuan ten years ago, and now has become the leader of the industry. After chairman Zhan Chunxin won the honor of China's top ten "most concerned entrepreneurs" at the end of 2001, he won the honor of China's top ten "most influential enterprises" initiated by the China Enterprise Federation and the China Entrepreneur Association on December 28 last year

Zhan Chunxin summarized the development of the company as five innovations. Seven people came out of the research institute to establish a company is innovation, and taking the road of integrating science, industry and trade is innovation. When Zoomlion became bigger, it turned around and "ate" the Research Institute, which was another innovation. After the industry was further expanded, institutional innovation was carried out in the operation process. At present, there are joint-stock enterprises and private enterprises in Zoomlion science and Technology Park, and private enterprises in state-owned enterprises, which is even more innovative

in terms of business development, Zoomlion has taken a development path of high-level grafting, integrated innovation, global procurement and famous and excellent configuration. In 1993, Zoomlion launched the first mature concrete pump product in China, and quickly became the only manufacturer of a full range of concrete pumps in China, returning 85% of the market to the hands of Chinese people. Then we launched the full frequency modulation tower crane. This is the first time that China has synchronized with the world in terms of tower crane technology. In November, 2001, Zoomlion wholly acquired the British baolujie company, a famous brand enterprise in the global trenchless machinery industry, which has advanced China's technical level in the field of system trenchless construction by at least 20 years. Over the past decade, Zoomlion Heavy Industry has seen its average annual profit growth rate drop by 5.8pct month on month to 63% and its average annual output value growth rate reach 75%. It has won the "national top 500 high tech enterprises" and the above "National Torch Plan key high tech enterprises". Zhan Chunxin was elected as the representative of the 16th CPC National Congress

Zoomlion is a model for the restructuring of scientific research institutes. From the stage of science and technology industrialization in, Zoomlion, an industrial entity affiliated to the Academy, was first established to implement "one academy, two systems". However, as the institutions and personnel of the research institute are increasingly incorporated into Zoomlion, the shortcomings of the personnel, distribution and other systems of the research institute have an increasingly negative impact on enterprises. Zhan Chunxin realized that the reform of the scientific research system cannot be achieved by losing a traditional state-owned scientific research institute under the planned economic system on the one hand, but adding a traditional state-owned enterprise on the other

it is urgent to establish a new type of science and technology enterprise with modern enterprise system. In 1997, through the introduction of diversified investment entities, the property right structure reform was fully completed by 1999, and the enterprise was restructured into a standardized joint-stock enterprise with a small scope and scattered industry - Zoomlion Heavy Industry Science and Technology Development Co., Ltd., which was listed on the Shenzhen Stock Exchange in October 2000. "The high growth of our industry is inseparable from the company's high-tech promotion," said Zhan Chunxin, chairman of the board. The average main profit margin of Listed Companies in the construction machinery industry is about 20%, while Zoomlion has reached 44% in recent four years, which is praised by many fund managers as the "golden egg under high technology". Zoomlion was listed in 2000 with a financing of 600million yuan, which strengthened its R & D capability and the ability to transform scientific and technological achievements. With the increase of its internal clamping force, it has formed a freely functioning technological innovation system composed of decision-making subsystem, research and development subsystem and achievement transformation system. The company's main products are national "Eighth Five Year Plan" and "Ninth Five Year Plan" science and technology projects, which fill the domestic gap and form independent intellectual property rights

after Zoomlion established Zoomlion baolujie (UK), the company's trenchless products took advantage of the situation to enter the European and Japanese markets, which have long been regarded as a threat by the industry. This made Zoomlion become a well-known enterprise in the global industry overnight and a typical case of mergers and acquisitions of investment banking experts in China. In the first half of 2002, Zoomlion maintained close cooperation with well-known enterprises in Germany, Italy, Britain and other countries, adhered to high-level grafting and secondary innovation, and continued to consolidate and strengthen the core competitiveness of enterprise technology development

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