Zoomlion completes acquisition of financing and leasing subsidiary

Zoomlion Heavy Industry Science and Technology Co., Ltd. announced the completion of its acquisition of 81% of the registered capital of Zoomlion Finance and Leasing (Beijing) Co., Ltd. The acquisition had been previously disclosed in announcements on May 20, 28, and June 4, 2025.

Regulatory approvals for the acquisition were granted by the local financial supervision and administration bureau in Beijing. The industrial and commercial registration of the change in ownership for the target company was completed on December 5, 2025, with relevant market regulation authorities.

Following this completion, Zoomlion Finance and Leasing (Beijing) Co., Ltd. has become a wholly-owned subsidiary of Zoomlion Heavy Industry Science and Technology Co., Ltd. Its financial results will now be consolidated into the company's financial statements. The announcement was made by order of the board, signed by chairman Zhan Chunxin, in Changsha, on December 8, 2025.