Zoomlion Heavy Industry finalizes Beijing Leasing equity acquisition

Zoomlion Heavy Industry Science And Technology Co., Ltd. has successfully completed the industrial and commercial change registration for the equity transfer of Beijing Leasing Company on December 5, 2025. This follows approval from the Beijing Municipal Local Financial Supervision Bureau for the transaction. The company previously disclosed its intention to acquire 45% and 36% stakes in Zoomlion Heavy Industry Financial Leasing (Beijing) Co., Ltd. from Hunan Xingxiang Investment Holding Group Co., Ltd. and Hunan Dicen Investment Co., Ltd., respectively.

The acquisition involved a total consideration of CNY 162,729.02 million. Specifically, Zoomlion Heavy Industry signed a property rights transaction contract with Hunan Xingxiang Investment Holding Group Co., Ltd. on May 28, 2025, for CNY 90,405.01 million. Subsequently, on June 4, 2025, a contract was signed with Hunan Dicen Investment Co., Ltd. for CNY 72,324.01 million. These agreements were executed following board and supervisory committee meetings held on May 20, 2025, which authorized the public delisting application through the Hunan United Property Rights Exchange.