Zoomlion Group, through its Brands Zoomlion and Cifa, considers its Customers as Partners in business and aims at supporting them and satisfying their needs. During a period of crisis, such concept sounds even more important.
With this principle, both Zoomlion and Cifa decided to provide a new Leasing offer beside their traditional product range offer. This new service of Leasing, directly managed to support the specific teams under the two Brands, will be introduced in the market within the first half 2010. CIFA will provide a Leasing financial service to its customers starting from Italian market, and then enlarging the field of application to other countries.

This offer is made available in the international markets based on a solid experience in the field made in the Chinese market where, in previous years, Zoomlion Finance & Leasing (ZFL) has accomplished and unprecedentedly proved the necessity of its presence.

ZFL has contributed to promoting sales of ZOOMLION in China, making the expression “Captive Equipment Finance” more meaningful than ever, given the gloomy and tough economic recession caused by the global financial crisis.




Just some highlights:

• During the first 7 months after its business commencement, ZFL realized equipment delivery of USD $72Million with lease penetration rate at 5% of ZOOMLION’s Global Sales in 2007;
• In 2008, the equipment delivery of ZFL amounted to USD $350 Million with lease penetration rate at 20% of ZOOMLION’s Global Sales;
• In 2009, due to the Economic Stimulus Plan of P.R.C, ZFL has realized equipment delivery amount of USD $1.32 Billion with lease penetration rate at around 40% of ZOOMLION’s global sales, quantitatively almost 4 times the value of the previous year!
• Specially, ZFL didn’t sacrifice its risk control management for sales volume increase neglecting potential possibility of customer insolvency & default; conversely, it positively maintains rigorous control of rental collection and the lease payment default rate remains strictly under 4%/Yr.


Along with the internationalization of ZOOMLION, ZFL also speeds up its pace to provide excellent financial services in overseas markets where ZOOMLION and CIFA have sales potential.
In 2008, ZFL launched the establishment of "Zoomlion Financial Services Global Supporting System", and now, with Zoomlion Leasing (H.K.) Co., Ltd as Global Headquarter of ZFL, the structure embraces:
-Zoomlion Finance & Leasing (Australia) Co., Ltd
-Zoomlion Finance & Leasing (Russia) Co., Ltd
-Zoomlion Finance & Leasing (Italy) S.P.A
-Zoomlion Finance & Leasing (U.S.A.) Corp.

Several other subsidiaries in regions and countries with potentials are also in consideration and in the agenda of establishment.

For more info write to:
info@it.zoomlioncapital.com