Zoomlion Heavy Industry Secures Deal for Additional 36% Stake in Financial Leasing Subsidiary

MT Newswires Live

2025/06/04

Zoomlion Heavy Industry (HKG:1157) secured a deal to acquire an additional 36% equity stake in Zoomlion Finance and Leasing (Beijing) from Hunan Dice Venture Capital for about 723.2 million yuan, a Wednesday Hong Kong bourse filing said.

The transaction is part of a broader plan for Zoomlion Heavy Industry to take full ownership of the subsidiary, which engages mainly in the finance leasing business and the provision of insurance agency services.

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