Zoomlion Heavy Industry Science & Technology signed a US$300 million portfolio credit insurance policy and an initial US$50 million non-recourse factoring agreement at its 2026 Global Financial Partners Summit and Signing Ceremony in Shanghai on September 11. The US$300 million policy was signed with a double-A-rated international insurer and leading institutions, while the initial US$50 million non-recourse factoring agreement was signed with an overseas bank. Developed over six months with international insurers and financial institutions, the arrangement lets overseas installment receivables covered by the policy be factored with an overseas bank on a non-recourse basis, giving Zoomlion a structured way to finance overseas receivables rather than handling them transaction by transaction. The framework is designed to turn those receivables into scalable, standardized and replicable investment-grade assets. The agreements come as Zoomlion's international revenue rose 12.45% year over year to RMB 15.54 billion, or approximately US$2.31 billion, in the first half of 2026, accounting for 57.25% of total revenue. More than 40 financial and insurance partners from Singapore, Indonesia, Thailand, France, Kazakhstan, Hong Kong SAR and other markets attended the summit, where CFO Du Yigang reviewed cooperation with global financial partners and outlined plans for overseas financial and insurance services.
China Dvlp Bk Finl Leasing CoZoomlion Heavy Industry Science and Technology Co LtdZoomlion signed a US$300M credit insurance policy and US$50M non-recourse factoring deal to finance overseas receivables
