Zoomlion 23rd Hong Kong listing at least HK $12.1 billion

Domestic construction machinery Manufacturers-zoomlion (000157).　　SZ) said late yesterday that the company was scheduled to start the Hong Kong public offering of H-shares from December 13 to December 16, with the expected pricing date of December 17 and the official trading time of the Hong Kong market to be December 23. The company plans to sell 869.5 million shares globally, with a preliminary arrangement of 43.4792 million shares in Hong Kong, accounting for about 5% of global sales, and an international sale of 826 million shares, accounting for 95% of the total number of global offerings.　　In addition, the company also prepared to issue additional 130 million shares.　　In accordance with its share price 13.98~18.98 Hong Kong dollar, Zoomlion estimates that it will raise a total of HK $12.1 billion.　　November 18 This year, the Sino-zoomlion overseas issue is approved by China Securities Regulatory Commission, approved the issue of not more than 1 billion shares of overseas listed foreign capital shares, after the completion of the issue, transfer to the Social Security Fund will hold the company not more than 100 million of the state-owned shares into foreign-listed shares. Established in 1999, in October 2000 in Shenzhen stock market listed in Zoomlion, is currently the concrete machinery, lifting machinery and sanitation machinery and other products manufacturers, the company from the 2007 income of 8.9 billion yuan, increased to 2009 years of 20.76 billion yuan, the annual composite growth rate of 52%.　　And the company's profits from 2007 to increase the 1.437 billion yuan to last year's 2.419 billion yuan, composite growth rate of nearly 30%.　　As of last year, the company's concrete pump trucks, concrete pumps, concrete mixer trucks and mixing station market share is 37%, 25.6%, 14.3% and 8.7%, of which the concrete pump car by the company and 31 group monopoly, both total market share of up to 87.8%. "In the future, a number of construction projects in the two or three-line city will also bring more demand for concrete machinery, such as Inner Mongolia and Hainan Province's concrete machinery sales have increased rapidly in recent years."　　"The company revealed. Another big product is lifting machinery. 2009, its truck cranes, crawler cranes, large-tonnage tower cranes in China accounted for 23.1%, 16.4% and 9.8%.　　While the global economy fell sharply in 2008, the company's crane sales rose 27.3% year-on-year, with sales growth of nearly 27% per cent in the sector. Zoomlion also said that future plans to continue the selective acquisition, such as companies will focus on a number of companies can significantly improve one or more of the existing product line, if some companies can create great commercial potential but the current supply of products is also one of the acquisition targets.　　Some of the advanced technologies that can be applied to Zoomlion's existing products, and key parts factories are also the main acquisitions of Zoomlion. The company also plans to designate different overseas markets, such as Asia, North America, South America and Africa, to expand overseas operations. In developed countries, the company will develop and optimize the supply chain through the existing wholly-owned enterprise Italian CIFA Companyand distribution, service network, improve the CIFA and other brand awareness.　　Zoomlion also plans to focus on additional research facilities in the United States and Europe over the next 3-5 years. The company also plans to expand its mechanical product series, for example, the introduction of small multi-functional engineering machinery, emergency rescue machinery, the company is producing products including high-altitude emergency rescue machinery, road emergency rescue machinery and underground production lines, the three types of product planning annual output can be 140 units, 2900 units and 100 units, The total investment is about 550 million yuan.