On September 11, the Zoomlion 2026 Global Financial Partners Summit and Signing Ceremony was held in Shanghai. More than 40 global financial and insurance partners from Singapore, Indonesia, Thailand, France, Kazakhstan, Hong Kong, and other regions gathered to discuss key topics including global macroeconomic trends and overseas financial and insurance strategies; the event yielded several major agreements, highlighted by a $300 million portfolio credit insurance policy and a $50 million non-recourse factoring agreement.
△ Signing Ceremony
Navigating Global Financial Trends
The morning session featured a specialized training workshop led by the Economist Corporate Network (ECN), which delivered in-depth insights into macroeconomic trends and geopolitical dynamics to enhance practical financial capabilities and guide the expansion of third-party financial services.
The summit officially commenced in the afternoon. Du Yigang, Chief Financial Officer (CFO) of Zoomlion, delivered an opening address, extending a warm welcome and heartfelt appreciation to global financial and insurance partners who traveled from afar. In his remarks, Du highlighted Zoomlion's collaborative journey with international financial partners, outlined the achievements and future roadmap of its overseas financial and insurance operations, and reaffirmed the company's commitment to its core values of "Integrity, Dedication, Inclusiveness, and Responsibility" to deepen mutual trust and drive win-win growth. Xu Xiaoming, General Manager of Zoomlion's Financial Business Management Department and Credit Insurance Department, shared insights into future cooperation, while Yan Xin, Deputy General Manager of the department, systematically presented the strategic layout, cooperation models, and development paths for the company's overseas third-party financial and insurance operations.
△ Summit Venue
Representatives from leading global financial institutions, including Radana and Alfa-Bank, subsequently took the stage to share cutting-edge perspectives spanning macroeconomic outlooks, regional market opportunities, interest and exchange rate forecasts, and insurance innovation, broadening strategic horizons and outlining future collaborative pathways with Zoomlion.
Landmark Agreements Charting a New Chapter
The official signing ceremony was held later that evening. Following six months of close collaboration, Zoomlion partnered with world-renowned insurance providers and leading financial institutions to design a tiered structure comprising a "$300 million portfolio credit insurance policy and non-recourse factoring under the policy," successfully transforming overseas installment receivables from fragmented, individual holdings into scalable, standardized, and replicable investment-grade assets.
During the ceremony, Zoomlion signed the comprehensive $300 million portfolio credit insurance policy with double-A-rated global insurers and premier financial institutions, and inked an initial $50 million non-recourse factoring agreement with an overseas bank.
The summit not only highlighted the progress of Zoomlion's global expansion strategy, but also showcased its innovations in international finance and insurance, delivering sustainable and scalable financial solutions for the company's worldwide growth. Looking ahead, Zoomlion will continue to work closely with global partners, leveraging financial innovation to empower international business expansion and explore new horizons worldwide.
