On August 18, 2025, Zoomlion and South Korea's Daewoo E&C signed a strategic cooperation agreement in Changsha, reaching consensus on deepening cooperation in the international engineering construction sector. Luo Kai, Co-President of Zoomlion and General Manager of the Engineering Crane Company, and Cho Chul-ki, Senior Vice President of Daewoo E&C, among others, attended the discussion and signed the agreement.

High-end equipment empowers the upgrade of global infrastructure
As a leading global construction contractor, Daewoo E&C operates in the energy and infrastructure sectors across more than 30 countries. Under this cooperation, Daewoo E&C has for the first time procured three major categories of Zoomlion equipment in bulk, with an order value exceeding 100 million yuan, to be used in major energy projects. This marks further recognition of Zoomlion's high-end equipment by a top-tier international contractor.

Intelligent manufacturing strength lays the foundation for a global service network
At the discussion, Zoomlion representatives gave a detailed introduction to the company's globalization strategy and intelligent manufacturing capabilities. Zoomlion will provide its partner with customized products and globally coordinated service support. Daewoo E&C representatives stated that Zoomlion's advanced manufacturing capabilities and global footprint have instilled strong confidence in their expansion into international projects.

This strategic cooperation will drive deep synergy between the two parties in areas such as high-end equipment customization and the application of new energy machinery, jointly opening up new opportunities in the "Belt and Road" markets.
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