Zoomlion reports strong Q3 2025 results, proposes H-share bond issuance

Zoomlion Heavy Industry Science And Technology reported a significant increase in its third-quarter 2025 financial performance. For the nine months ended September 30, 2025, operating revenue reached CNY 37.16 bn, an 8.06% year-over-year increase, with net profit attributable to shareholders increasing by 24.89% to CNY 3.92 bn. Basic earnings per share also rose by 18.42% to CNY 0.45. Operating cash flow for the nine months surged by 137.31% to CNY 2.87 bn. The company's total assets grew by 5.95% to CNY 131.11 bn compared to the end of last year.

The company's board of directors approved the Q3 2025 report and proposed the issuance of H-share convertible company bonds. This proposal suggests issuing H-share convertible bonds totaling no more than CNY 60 bn to independent professional investors, institutional investors, and/or other investors. This issuance is subject to shareholder approval, including by class shareholders.

Furthermore, the board and supervisory board both approved amendments to the "Articles of Association," "Rules of Procedure for Shareholder Meetings," "Rules of Procedure for Board Meetings," and other governance documents, pending shareholder approval. These amendments include changes related to registered capital and the abolishment of the supervisory board, signaling a strategic restructuring for the company.