Zoomlion Heavy Industry Science and Technology Co Ltd (Zoomlion) is primarily engaged in the research, development, manufacturing, sales, and provision of services for construction machinery, agricultural machinery, and mining machinery. The company integrates smart agricultural machinery with digital agriculture, providing comprehensive digital solutions for crop cultivation.

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Zoomlion has undertaken significant R&D initiatives, focusing on the development and application of new materials, components, systems, processes, and methods. The company has a global R&D strategy that enables continuous product and process design, simulation, analysis, and evaluation. The company is committed to promoting the R&D of basic and common technologies, exploring forward-looking and future technologies, and advancing system solutions in intelligent construction sites, mines, and agriculture. The company also focuses on the research and industrial development of future industries, including robotics, hydrogen energy, and new fire extinguishing materials, to ensure that technical innovation remains a core driving force for sustainable development. In FY2024, Zoomlion successfully developed 548 new products and achieved breakthroughs in 355 key technologies, with intelligent, green, and digital technologies remaining core priorities. The company also introduced over 40 new energy products, expanded its portfolio to 210 total new-energy models, and continued advancing innovative technologies across construction, agricultural, and emerging machinery categories. Zoomlion also maintained strong patent leadership, filing 2,054 new patent applications during the financial year. The R&D units of Zoomlion include the Central Research Academy in Hunan, China, and R&D centers in Italy, Germany, North America, and India. In FY2024, the company incurred an expense of CNY2,769 million on R&D, which has a percentage of revenue stood at 6.1%.