Zoomlion signs $300 million credit insurance policy and $50 million factoring deal

  • Zoomlion signed a $300 million credit insurance policy and $50 million factoring agreement.
  • International revenue reached RMB15.54 billion in the first half of 2026.
  • More than 40 financial and insurance partners attended Zoomlion's Shanghai summit.

Zoomlion Heavy Industry Science & Technology Co., Ltd. signed a $300 million portfolio credit insurance policy and an initial $50 million non-recourse factoring agreement at its 2026 Global Financial Partners Summit and Signing Ceremony in Shanghai on Sept. 11. Developed over six months with international insurers and financial institutions, the framework allows overseas installment receivables covered by the policy to be factored with a foreign bank without recourse to Zoomlion. The company said the structure is intended to turn those receivables into scalable, standardized and replicable investment-grade assets. International revenue rose 12.45% year on year in the first half of 2026 to RMB15.54 billion, or about $2.31 billion, representing 57.25% of total revenue. More than 40 financial and insurance partners from markets including Singapore, Indonesia, Thailand, France, Kazakhstan and Hong Kong attended the summit. Zoomlion plans to deepen cooperation with global partners and further develop scalable financial and insurance solutions for its international expansion.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.