Zoomlion Secures $350 Million in International Financing
Zoomlion Heavy Industry Science & Technology Co., Ltd. has finalized a $300 million credit insurance policy and a $50 million factoring agreement to support its international business growth.
Shanghai – Zoomlion Heavy Industry Science & Technology Co., Ltd. has established a significant international financing framework through the finalization of a $300 million portfolio credit insurance policy and a $50 million non-recourse factoring agreement. This move aims to support the growth of its international business and manage overseas installment receivables.
The agreements, developed in collaboration with international insurers and financial institutions, combine credit insurance with factoring. This structure allows Zoomlion to sell overseas installment receivables to a foreign bank on a non-recourse basis. The framework is designed to transform these receivables into scalable, standardized, investment-grade assets.
Zoomlion's international revenue rose 12.45% in the first half of the year to RMB 15.54 billion (approximately $2.31 billion), accounting for 57.25% of total revenue. The credit insurance and factoring deals are strategically timed to bolster the company's ongoing international expansion.
Approximately 40 international financial and insurance partners attended the Zoomlion 2026 Global Financial Partners Summit in Shanghai to discuss global market trends and financing strategies. Zoomlion intends to deepen cooperation with its global partners to develop scalable financing and insurance solutions to drive its international growth.