Zoomlion acquires remaining stake in Beijing Leasing

Zoomlion Heavy Industry Science & Technology (SZSE:000157) announced it has successfully acquired the remaining 36% equity stake in Zoomlion Financial Leasing (Beijing) Co., Ltd. from Hunan Dicet Investment Co., Ltd., completing its plan to take full ownership through public delisting. The transaction, formalized on June 4, 2025, involved a payment of CNY 723,240,100 to Dicet Investment, exclusive of transaction service fees. The move follows an earlier acquisition of a 45% stake from Hunan Xiangtou Investment Holding Group Co., Ltd. for CNY 90,405,010. The company says the transaction still requires administrative approval from the Beijing Municipal Bureau of Local Financial Supervision and Administration and advises investors to be aware of potential risks.