Zoomlion Secures $300 Million Credit Insurance and $50 Million Factoring Facility

Zoomlion Heavy Industry Science & Technology Co., Ltd., a major Chinese manufacturer of construction equipment, has established a significant financial framework to support its international expansion. The company signed a $300 million portfolio credit insurance policy and an initial $50 million non-recourse factoring agreement in Shanghai on September 11.

These agreements are part of a new tiered insurance-and-financing framework developed by Zoomlion for overseas installment receivables. The arrangement combines portfolio credit insurance with non-recourse factoring, enabling the company to factor insured receivables with an overseas bank without taking on residual risk. The goal is to transform these receivables into scalable, standardized, and replicable investment-grade assets.

The $300 million insurance policy was issued by an international insurer with a double-A credit rating, while the $50 million factoring agreement was signed with an overseas bank. This move comes as Zoomlion's international business continues to expand, with international revenue rising 12.45% year-over-year in the first half of 2026, accounting for 57.25% of the company's total revenue.

Zoomlion's CFO, Du Yigang, highlighted the company's commitment to deepening cooperation with global financial partners. The event drew over 40 financial and insurance partners from various international markets, engaging in discussions about global economic outlooks and strategies for international financing. Zoomlion plans to further develop similar scalable and replicable financial and insurance solutions to support its ongoing global growth.