Zoomlion Signs US$300 Million Credit Insurance Policy and Initial US$50 Million Non-Recourse Factoring Agreement
The deal combines portfolio credit insurance with non-recourse factoring to help Zoomlion finance overseas receivables as international revenue rose 12.45% in the first half of 2026.
- On September 11, Zoomlion Heavy Industry Science & Technology Ltd. signed a US$300 million portfolio credit insurance policy and an initial US$50 million non-recourse factoring agreement in Shanghai.
- Developed over six months with international insurers and financial institutions, the framework enables Zoomlion to manage overseas installment receivables more effectively than transaction-by-transaction handling.
- Combining portfolio credit insurance with non-recourse factoring, the arrangement converts receivables into scalable, investment-grade assets that can be factored with an overseas bank on a non-recourse basis.
- More than 40 financial and insurance partners from Singapore, Indonesia, France, and other markets attended the Global Financial Partners Summit, where Zoomlion CFO Du Yigang reviewed the company's cooperation.
- General Manager Xu Xiaoming and Deputy General Manager Yan Xin introduced the company's overseas third-party financing strategy as Zoomlion plans to develop scalable financial solutions supporting international growth.
20 Articles
20 Articles
The Paintsville Herald
Zoomlion Signs US$300 Million Credit Insurance Policy and Initial US$50 Million Non-Recourse Factoring Agreement
SHANGHAI, Sept. 29, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") signed a US$300 million portfolio credit insurance policy and an initial US$50 million non-recourse factoring agreement at the Zoomlion 2026 Global Financial Partners Summit and…
SHANGHAI, September 29, 2026 /CNW/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoollion") has signed a credit insurance policy of
Zoomlion Reports Rmb47,380 Million in Trade Receivables Amid Growth
Quick Summary: Zoomlion Reports Rmb47,380 Million in Trade Receivables Amid Growth Zoomlion reported RMB2.427 billion in trade receivables factored without recourse in early 2026 — indicating a strategic shift in financing. The company factored RMB1.865 billion in finance-lease receivables without recourse — a significant increase from the previous year. Zoomlion’s gross trade receivables rose to RMB47,380 million by mid-2026 — reflecting growi…
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