The hottest Zhan Chunxin will enter the top five g

2022-10-04
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Zhan Chunxin: in another five years, Zoomlion will enter the top five of global construction machinery

Zhan Chunxin: in another five years, Zoomlion will enter the top five of global construction machinery

China Construction machinery information

Guide: Zoomlion and sany plan to issue H-shares in the near future, which is the strategic development needs of both companies, because they want to be world-class enterprises. No matter whether there is an inflection point in the domestic construction machinery industry, it is inevitable. On the morning of July 22, the sun was blazing outdoors. In the conference room of the board building of Zoomlion, the chairman and

"both Zoomlion and sany plan to issue H shares in the near future, which is the strategy of the two ● die: DD φ 32.28 dd φ 32.35 dd φ 32.43 dd φ 32.50 development needs, because they all want to be world-class enterprises. No matter whether there is a 'inflection point' in the domestic construction machinery industry, it is inevitable. " On the morning of July 22, the sun was blazing outdoors. In the conference room of Zoomlion's board building, Zhan Chunxin, chairman and CEO of Zoomlion, accepted the exclusive interview of this newspaper

how to evaluate the gains and losses of Zoomlion's overseas acquisition of CIFA? Under the background of the policy of "adjusting structure and changing mode", is the "inflection point" in the domestic construction machinery industry imminent? How to view the competition between Zoomlion and sany? Faced with the focus and sensitive issues of N markets, Zhan Chunxin did not shy away from them, but came together

in the development path of Zoomlion, there will always be one brilliant goal after another to be achieved. Zhan Chunxin previously promised that if Zoomlion entered the top ten global construction machinery, it would accept an exclusive interview with the morning post. Yesterday's exclusive interview obviously means that both Zoomlion and morning post have achieved their wishes. Both of them have a narrow speed range. If there is high speed, there will be no low speed, or if there is low speed, there will be no high speed happiness. So where is the next goal of Zoomlion

issuing H-shares is conducive to building an international brand image

"I have set a schedule for myself. In about five years, Zoomlion will enter the top five of the global construction machinery. In fact, the top ten and top five are only a phased goal of Zoomlion. The goal of Zoomlion should be to enter the top three, which may require the unremitting efforts of oneortwo generations." Zhan Chunxin calmly described his ambition in his heart

the H-share issuance of Zoomlion is obviously the focus of recent market attention. Zoomlion has always been a blue chip stock favored by fund institutions in the domestic capital market. Recently, Zoomlion announced that it would carry out H-share financing. What are the considerations behind this choice? Why not choose the A-share market to complete this refinancing

Zhan Chunxin said that in the past 18 years, the compound annual growth rate of Zoomlion has exceeded 60%, which is unimaginable. In the industry, it has reached the top ten from zero. "I told the foreigners I met that they were all dumbfounded."

"at present, what we need to think about is how to make Zoomlion maintain this rapid development. It must be difficult to meet the growth of China's future market capacity. Therefore, Zoomlion wants to go out and become a global enterprise. The important point of going out is that there can't be only one platform." Zhan Chunxin bluntly said that from the perspective of global construction machinery giants, caterpillar is listed in the United States, France, Germany, Switzerland, Belgium, Mexico and other six places, while Komatsu is listed in Japan, the United States and Germany. This is not only a problem of financing, but also to establish their own international brand image

the effect of CIFA acquisition will be seen in two to three years.

Zoomlion made a great deal of money in the early stage. It is learned that overseas acquisition of CIFA, what is the effect? This is what the organization is most concerned about at present

"now let's evaluate this overseas M & A. I don't think it's time yet. In two to three years, you see." Zhan Chunxin said

"The acquisition of CIFA by Zoomlion, I have summarized four gains. First, Zoomlion acquired the world's top industry technology, such as the most typical carbon fiber pump truck boom, which has independent intellectual property rights and patents in more than 100 countries; second, the cost of Zoomlion and CIFA has been reduced by using joint procurement; third, efficiency. Now many important parts of CIFA are manufactured in 'factory in factory' of Zoomlion; third The fourth is the mode. Zoomlion has explored its own successful overseas acquisition mode. "

Zoomlion and sany, only competition can make progress

another worry of the current organization is that the development of any enterprise cannot be separated from the support of the national industrial economic policy. At present, the Chinese government has proposed that economic development should "adjust structure and mode", and an important background for the unconventional development of construction machinery enterprises in recent years is the rapid growth of national fixed asset investment. Then, is the "inflection point" in the domestic construction machinery industry imminent

Zhan Chunxin believes that the "trend curve" of the construction machinery industry must be upward, and the growth is certain, but the "slope" may not be as steep as it used to be

in Hunan, when it comes to Zoomlion, someone will think of Sany. Similarly, when it comes to Sany, someone will also think of Zoomlion. The two similar enterprises in the same city always make people feel that they cherish each other and fight hand in hand. So how to treat the competitive relationship between Zoomlion and sany

Zhan Chunxin did not deliberately avoid this sensitive issue, "first, only competition can make progress faster; second, only orderly and standardized competition can the two enterprises develop healthily."

previously, some institutions commented that Sany is a private enterprise with flexible mechanism, while Zoomlion is more experienced in M & A integration

Zhan Chunxin doesn't simply agree. His view is that "'m & A integration 'requires' internal skills', which is like taking apprentices to' heal 'the merged enterprises and make them all make money. This requires real kung fu."

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