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The global semiconductor leader will be a key highlight at the region's leading advanced manufacturing event from 18 – 20 October SINGAPORE, Oct. 18, 2023 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI), is proud to announce its inaugural participation at Industrial Transformation ASIA-PACIFIC (ITAP) 2023, the region's leading advanced manufacturing event. Taking place from 18 – 20 October at Singapore EXPO, the sixth edition of ITAP will convene over 300 exhibitors, 100 speakers and 18,000 delegates, trade visitors and attendees. Guest-of-Honour Mr Heng Swee Keat, Singapore's Deputy Prime Minister and Coordinating Minister for Economic Policies, will be launching the event at its opening ceremony on 18 October. Across the three days at ITAP 2023, ADI will be showcasing its suite of cutting-edge solutions that aims to help customers drive sustainable practices and improve business resiliency. These include energy solutions such as battery management systems, energy storage systems, power quality measurement and water quality measurement solutions, as well as industry automation solutions such as machine health monitoring, high performance motor control and machine vision solutions. Key highlights at the ADI booth include their OtoSense Smart Motor Sensor, an AI-based, full turnkey hardware and software solution for condition-based monitoring, a dynamic range of Trinamic motor and motion control products that transform digital information into precise physical motion, as well as a Smart Smoke Detection System that features higher performance factors to reduce the frequency of false alarms and save lives more effectively. ITAP is also excited to welcome global semiconductor leader Analog Devices (ADI) as the Platinum Sponsor at the event for the first time. "As a premier event that brings together leading players and stakeholders across the manufacturing value chain, ITAP serves as a stage for ADI to showcase our innovation and manufacturing capabilities that create long-term value for our customers," said Jerry Fan, Senior Vice President, President of Asia Pacific for ADI. Organised by Constellar with international partner Deutsche Messe, ITAP 2023 will take on 20,000sqm of exhibition floor space and feature a robust conference programme focusing on Sustainability, Optimising Manufacturing Efficiency, and Supply Chain Resilience. Shogo Matsuoka, Strategic Marketing Lead of the OtoSense Business Unit at ADI will join the Industrial Transformation Forum alongside global industry leaders, decision makers and key players in the region's business ecosystem. Speaking on day 1 of the forum, Mr. Matsuoka will be sharing a case study on the ADI OtoSense Smart Motor Sensor, showcasing how the end-to-end AI-based prescriptive maintenance solution reduces low-voltage motor downtime, optimises maintenance costs and reduces electricity costs. Click here to register for ITAP 2023. To find out more about ADI, visit www.analog.com About Industrial Transformation ASIA-PACIFIC – A HANNOVER MESSE Event Organised by Constellar with international partner Deutsche Messe, Industrial Transformation ASIA-PACIFIC –a HANNOVER MESSE event (ITAP) is Asia Pacific's go-to platform for companies and governments looking to start, scale and sustain their adoption of Industry 4.0 (I4.0) processes and solutions across industries and sectors. ITAP offers comprehensive content-rich learning avenues and themed activity zones for companies at various stages of business transformation to explore, collaborate and co-create solutions to future-proof their businesses. Cohesively, ITAP brings together a self-contained ecosystem and helps build a professional community for end-to-end engagements among I4.0 practitioners, technology & solution providers, industrial companies, component manufacturers, software companies, manufacturing solutions suppliers, service companies & consultancies and start-ups. For more information, please visit the official ITAP website. About Constellar Constellar connects a global eco-system of event partners and consumers through a holistic portfolio of intellectual property (IP) in the Meetings, Incentives, Conventions and Exhibitions (MICE) industry. As Asia's partner of reference for curating innovative event and venue experiences, Constellar activates impactful networks to bring global markets, businesses and consumers together for sustainable growth. With our expertise and dedication, we are invested in helping you build trusted relationships with stakeholders for the long term and enabling cross-industry collaboration through world-class audience engagement solutions. Visit constellar.co for more information. HANNOVER MESSE – Home of Industrial Pioneers HANNOVER MESSE is the world's leading trade show for industrial technology. With the lead theme Industrial Transformation, it spotlights all of the latest trends in industry, including Industry 4.0, artificial intelligence, 5G and smart logistics. About Deutsche Messe AG As one of the world's foremost organizers of capital goods trade fairs, Deutsche Messe (Hannover, Germany) stages a rich array of events at venues in Germany and around the globe. With 2018 revenue of 310 million euros, Deutsche Messe ranks among Germany's top five tradeshow producers. The company's portfolio features such world-class events as (in alphabetical order): didacta (education), DOMOTEX (carpets and other floor coverings), HANNOVER MESSE (industrial technology), INTERSCHUTZ (fire prevention, disaster relief and safety & security), LABVOLUTION (lab technology) and LIGNA (woodworking and wood processing tools, equipment and machinery). Deutsche Messe also stages trade fairs at other German venues, for example parts2clean (industrial parts cleaning) and SurfaceTechnology (surface treatment). The company also regularly hosts a number of internationally renowned events by third parties, among which are AGRITECHNICA (agricultural machinery) and EuroTier (animal production), both of which are staged by the German Agricultural Society (DLG), EMO (machine tools; staged by the German Machine Tool Builders' Association, VDW), EuroBLECH (sheet metal working; staged by MackBrooks) and IAA Commercial Vehicles (transport, logistics and mobility; staged by the German Association of the Automotive Industry, VDA). Deutsche Messe's portfolio also includes trade fairs in Australia, Canada, China, Indonesia, Italy, Mexico, Russia, Singapore, Thailand, Turkey and the USA. Among the sectors addressed at these overseas events are Automotive, ICT & Digital Business, Manufacturing & Processing Industries, Energy & Logistics and Metal Processing. With more than 1,200 employees and a network of 56 sales partners, Deutsche Messe is present in about 100 countries. About Analog Devices, Inc. Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY22 and approximately 25,000 people globally working alongside 125,000 global customers, ADI ensures today's innovators stay Ahead of What's Possible. Learn more at www.analog.com and on LinkedIn and Twitter.
The earthmoving industry is under constant pressure to increase productivity. A lot of this productivity relies on the performance of buckets for excavators and front loaders. MANILA, Philippines, Oct. 18, 2023 /PRNewswire/ -- As in many industries, tradition can get in the way of innovation. Sometimes, though, there is a breakthrough strong enough to shake up the industry. This is the case with Hardox® 500 Tuf wear-resistant steel from the Swedish steel manufacturer SSAB. Traditionally, bucket design has required different steel grades for different parts of the bucket. Some parts needed to be harder, others tougher. Hardox® 500 Tuf turns that tradition on its head. It's able to fulfill both the hardness and the toughness requirements in one steel. With a Brinell hardness of 500 HBW, Hardox® 500 Tuf gives a bucket high wear resistance and durability with none, or far less, additional wear protection. This gives opportunities to reduce weight and increase the bucket's loading capacity. The strength and toughness of Hardox® 500 Tuf allow it to perform as structural steel, not only in buckets but also in heavy-duty tipper and truck bodies and other steel structures that are exposed to both abrasion and impact. The benefits of Hardox® 500 Tuf wear plate have been utilized in OEM products all over Europe. Sjørring in Denmark and Fronteq in Sweden are two companies that recently launched new bucket lines making the most of the properties of Hardox® 500 Tuf. HYPER buckets from Sjørring 200 kg lighter with Hardox® 500 TufSjørring Maskinfabrik A/S in Denmark has launched HYPER – a new series of streamlined buckets in Hardox® 500 Tuf for general earthmoving work. By upgrading to Hardox 500 Tuf, Sjørring has been able to reduce the weight of the HYPER bucket by 13%. This allows the bucket to take around 200 kg (441 lbs.) more load, depending on the bucket size. Weight and fuel consumption are major topics within this industry. The reduced weight has a big impact for end users. "Even though the bucket can hold 150 liters more than my previous bucket, it still weighs approximately 200 kg less. The bucket feels very stable, and I experience much less friction and the machine does not feel nearly as strained as before – even equipped with a tilt rotator. And since there are no wear packages on it, I no longer have to deal with material being stuck," says Mogens Jensen, excavator operator at the Aarsleff Group. Fronteq buckets in Hardox® 500 Tuf break new groundExcavator buckets from the Swedish OEM Fronteq (formerly Götene Ufo) break new ground for contractors looking for maximum capacity, volume, and durability in the harshest of environments. Fronteq was able to reduce the plate thickness by 1 mm (0.394") by upgrading from Hardox® 450 to Hardox® 500 Tuf. The extra hardness of 50 HBW for Hardox® 500 Tuf compared to Hardox® 450 provides a wear margin that ensures long life. A thinner plate makes the bucket lighter – in the case of Fronteq's new Granit bucket, 8% lighter for higher load capacity. The thinner plate also provides better welding economy. "When SSAB visited us to present Hardox® 500 Tuf, we quickly realized it had great potential for our products," says Fronteq's CEO Birgitta Boström. "The timing was great since we were just about to develop Granit, a bucket that's primarily focused on heavy work in quarries. We worked closely with SSAB during its development so that we utilized the material in the best way." "The unique thing about Hardox® 500 Tuf is that it is so easy to bend even though it's so hard," says Magnus Asking, designer at Fronteq. "It gives us completely new opportunities when we design our buckets. It has a higher hardness than Hardox® 450 but otherwise has equally good properties for welding and cutting." Hardox® In My Body takes quality to the next levelHardox® In My Body is a brand program for qualified OEMs who want to level up their equipment. They make certified products with Hardox® wear plate according to strict specifications on design and manufacturing. Hardox® In My Body is something end users are aware of and ask for when ordering new equipment, whether it's an excavator bucket, a tipper body, a container, or any other product. Both Sjørring and Fronteq are members of the Hardox® In My Body program, which numbers more than 500 qualified members in 60 countries. As all members of the program, Sjørring and Fronteq have access to extensive technical support from SSAB, covering development as well as production issues.
SHANGHAI, Oct. 16, 2023 /PRNewswire/ -- On October 15th, Chamlion and global surface metal finishing expert GPAINNOVA signed a strategic cooperation agreement. Chamlion will become GPAINNOVA's exclusive dental strategic partner in China. The two companies will establish a joint venture in China to jointly research, develop, and promote metal dental product surface finishing technology. Representing both parties, Chamlion's CEO, Zhitao Wang, and GPAINNOVA's CEO and co-founder, Pau Sarsanedas, signed the agreement. This collaboration will leverage the technical and resource advantages of both companies to provide the dental industry with more efficient, reliable, and safe digital solutions, driving the digital transformation of the dental industry into the fast lane. From left: Qun Zhang (Vice President of Chamlion), Zhitao Wang (CEO of Chamlion), Pau Sarsanedas (CEO of GPAINNOVA), Jordi Gasulla (General Manager of GPAINNOVA Asia) In the production of dental prostheses, polishing is a crucial step that directly affects user comfort. Traditional dental prosthesis manufacturing relies on manual polishing, which is not only inefficient but also has drawbacks such as incomplete polishing and the health risks associated with the generated dust. High-quality polishing heavily depends on skilled technicians, and it takes several years to train a mature manual technician, incurring high time and labor costs. GPAINNOVA pioneered dry electropolishing technology (DryLyte Technology) with a world-wide patent, which can reach areas that are inaccessible by mechanical or manual means. It represents a revolutionary solution for surface finishing in the dental industry. DryLyte Technology enables full automation, simplifying the complex multi-step traditional process and replacing the labor-intensive polishing and grinding stages in traditional dental prosthesis manufacturing with a one-step polishing solution. Moreover, DLyte differs from traditional plasma polishing machines as it does not require a closed-loop water circulation system and sludge waste disposal machinery, saving space, labor costs, and being more environmentally friendly. Chamlion has a strong presence in the dental field, with in-house research and development of specialized dental 3D printers, AI intelligent design software, and complete post-processing equipment, achieving end-to-end digitalization of dental processes. This cooperation between Chamlion and GPAINNOVA aims to standardize and unify the polishing quality of metal dentures. In 2023, as GPAINNOVA celebrates its tenth anniversary, this powerful collaboration is expected to drive a wave of innovation in digital dentistry, bringing revolutionary technological advancements to the dental industry. About Chamlion Chamlion focuses on the complete digital dental process and has pioneered the Hardware-as-a-Service (HaaS) model in the field of dental 3D printing. They have connected 3D printers to the internet and established large-scale distributed cloud dental prosthetic manufacturing factories globally. This initiative streamlines the entire process from prosthesis data to design to manufacturing, building a comprehensive digital service platform for dental care. It is worth noting that Chamlion has expanded to 27 countries worldwide, with over 300 cloud factories producing 100,000 crowns and 10,000 frameworks daily, serving 1,500 dental prosthetic factories. About GPAINNOVA Established in Barcelona in 2013 and with subsidiaries in USA and China, GPAINNOVA is specializing in metal surface finishing, with DLyte and MURUA brands; marine robotics, with SEABOTS; power electronics, with POWER INNOTECH, and medical devices, with GPAMEDICAL. It has more than 60 distributors and more than 900 worldwide clients. GPAINNOVA has been chosen by the Financial Times as one of the 1,000 fastest growing European companies for the fourth consecutive year.
HONG KONG, Oct. 16, 2023 /PRNewswire/ -- Cosmoprof Asia 2023 is coming back to Hong Kong! The leading B2B beauty event in the Asia-Pacific region, organized by a joint-venture between BolognaFiere and Informa Markets, is ready to celebrate 26 years of successful track record. The event will host all the key players of the industry in its hometown, which has always been recognized as the gateway to the Asia Pacific region and Mainland China and renowned for its business-friendly environment, thanks to its regulation as free trade port and tax free zone. Cosmoprof Asia is the ideal sourcing platform for the beauty industry. The event will encompass two distinct primary areas. Cosmopack Asia will be held from November 14 to 16 in AsiaWorld-Expo, gathering big global leaders of the supply chain, from ingredients to machinery & equipment, from packaging to contract manufacturing and private label. On the other hand, Cosmoprof Asia, from November 15 to 17 at the Hong Kong Convention & Exhibition Centre, will showcase the latest innovative branded finished products, in an area fully dedicated to retail and professional distribution channels. After the successful special edition in Singapore, Cosmoprof Asia 2023's Hong Kong edition will welcome more than 2,000 exhibitors from 43 countries and regions and around 60,000 attendees. Among them, 90% are non-Hong Kong companies. The exhibition area, reaching 100,000+ sqm at both venues, will once again be the home of all beauty brands and innovative suppliers from the Asia-Pacific region and worldwide for four days, with 17 group and country pavilions including Australia, Mainland China, France, Germany, Hong Kong, Italy, Japan, Korea, Latvia, Poland, Singapore, Spain, Switzerland, Taiwan, Thailand, Turkey and the USA. Finished product brands exhibiting in Cosmoprof Asia represent 57% of the total exhibitors, while 43% of all exhibitors are showcasing in Cosmopack Asia. For Cosmoprof Asia, sectors represented are Beauty Salon, Perfumery and Cosmetics, Hair and Nail Products & Accessories, as well as Natural & Organic. For Cosmopack Asia, the product categories are Primary & Secondary Packaging, OEM and ODM, Machinery, Ingredients & Lab, as well as Print & Label. The exhibitor line-up for the show is impressively diverse, reflecting a global interest in economic revival and wish to connect with local Asian-Pacific markets. Visitors will be able to find what's trending across all sectors of beauty at Cosmoprof Asia, thanks to the presence of global brands and companies such as American International Industries, Beautisky International, Christina, Comprof, Dancoly Cosmetique France, E&J Korea, Eyup Sabri Tuncer, Geske, Grupo DRV - Phytolab SL Inc., Indiba, Kiss Nail Products, Kokie Cosmetic, Lakme Cosmetics, Lumenis, Nuova Fapam, Parlux, Takara Belmont Corporation, The Kirschner Group, Ultra V Hong Kong, Wishpro. Cosmopack Asia is a preview of the innovations from world-leading cosmetic suppliers including Axilone, Aromatic Enterprises, Baralan, B.Kolormakeup & Skincare, Brivaplast, Coreana Bio, Cosmecca Korea, Fiabila, F.S. Korea Industries, HCP Packaging, HCT By kdc/one, Heinz Glas, IL Cosmetics, Jia Hsing Enterprise, Kolmar Korea, Libo Cosmetics, Magnoli Cosmetics, Majesty Packaging Global, Marchesini Beauty Group, Modern Basic Cosmetics, MYC Packaging, Zhejiang Z&Z Industrial, Omnicos, Schwan Cosmetics, Sheencol'or Biotech, Thai Ho Bio-Tech Cosmetics, Tonnie Cosmetics, Verescence, Weckerle Cosmetic and Yonwoo. We are thrilled to announce our dedicated hosted buyers program, an initiative designed to invite key buyers from China, Asia Pacific countries, Europe and USA. This program is specifically tailored to cater to senior executives, and individuals with critical procurement and decision-making roles within their respective organizations. Every nominated buyer is assessed for their potential to contribute to the event and their relevance to the exhibitors. This program presents an unparalleled opportunity for exhibitors to engage directly with industry leaders and decision-makers. Such interactions can often lead to valuable business relationships and insights into market trends. Feedback from buyers has been positive, with attendees mentioning in particular the event's sheer range of exhibitors, the innovation and creativity presented across products and supplier solutions, and the show's themed highlights. "Looking forward to attending Asia's No.1 biggest beauty trade show – Cosmoprof Asia 2023. We are so excited to share beauty market trends in Korea and have a good network from many other countries. The beauty trends for coming years will be born here in Asia." Kim Da Jeong, Senior Cosmetic Buyer of Lotte Department Store (Korea). "Cosmoprof Asia is such a massive international show in Asia! It always impresses me with the amount of innovation and creativity from all the brands that I met during the exhibition." Mahmoud Abdelaziz Mohamed, General Manager of Unicare Medical Trading LLC (Middle East). "I attended Cosmoprof Asia and was truly impressed with the value it provided. The event created an incredible platform for beauty and cosmetics professionals from all over the world to connect, learn, and grow. The range of exhibitors and products on display was vast, allowing me to discover new trends, technologies, and innovations in the industry." Kishin Primalani, Director of Ess Kay Pte. Ltd. (Singapore) Attendees will have the opportunity to travel to Hong Kong with special discounted airfares thanks to an exclusive partnership with Cathay Pacific, the home carrier of Hong Kong. What's more, all overseas visitors can pick one of the welcome goodies offered by the "HK Goodies" campaign, sponsored by The Hong Kong Tourism Board (HKTB). For details: https://www.cosmoprof-asia.com/hello-hong-kong/ SPECIAL HIGHLIGHTS Apart from the ample business opportunities offered on the show floor, visitors to Cosmopack and Cosmoprof Asia will be given a chance to immerse themselves in a wealth of enriching content and have the privilege of learning from esteemed guest speakers, trendsetters and visionaries at special events. CosmoTalks, the exclusive round tables of the Cosmoprof network, will host global leaders of the cosmetics industry to share comments on macro-movements and trends forecasts. CosmoForum presentations will provide in-depth market analyses and case studies of specific consumers' behaviour. Thought provoking sessions are planned for both venues, featuring partner speakers from AsiaCosme Lab, BeautyMatter, BEAUTYSTREAMS, CosmeticDesign-Asia, Ecovia Intelligence, Euromonitor International, Kline, NielsenIQ Bases, re/sources., Reach24H, SGS, etc. CosmoOnstage, the dynamic platform at Cosmoprof Asia, will bring you captivating live shows and demo sessions by industry influencers. Prepare to be amazed as they showcase their cutting-edge products and state-of-art equipment, and demonstrate nail art, makeup, and spa & wellness treatments. In addition, an exclusive stage performance organised by The AHMA Hair Council will be held to celebrate the creativity of the winners of the Barber Battle, Hong Kong 2023. On the third day, both beauty enthusiasts and industry professionals will have the opportunity to experience an enthralling nail competition, highlighting the artistry and innovation that characterize the forefront of the beauty industry. The Cosmoprof Asia & Cosmopack Asia Awards, organized in partnership with BEAUTYSTREAMS, are set to commemorate the most outstanding companies for their research and development in formulation, packaging, sustainable approach, storytelling and value proposition. Finalists will enjoy special visibility with a showcase gallery for attendees at Cosmopack and Cosmoprof Asia, while the winners will be announced during the exhibition with a dedicated celebration on November 15, at the Hong Kong Convention & Exhibition Centre. For the first time, winners of the Awards will have an unprecedented opportunity to showcase their achievements in Bologna during Cosmoprof Worldwide Bologna 2024. CosmoTrends will provide an overview of actual trends in Asia-Pacific, starting from the innovation and new launches presented by exhibitors at Cosmoprof Asia. The report, curated by BEAUTYSTREAMS, will become a strategic roadmap for operators, buyers, trend-scouters, press and influencers, and it will highlight the products influencing consumer's habits in the next months. A special installation will be set up on the show floor incorporating all the selected products, and the report will be presented during a CosmoTalks session to all attendees. The spotlight event at Cosmopack Asia will be the interactive installation COSMOLAB developed in collaboration with OPAL. Visitors are invited to enter the "bubble-cabin" booth to start the multisensory experience of how clean and green beauty trends can change consumers' behaviour, and the benefits of embedding sustainability into product and formulation through green manufacturing. Each visitor will be given a guided journey and a limited edition Clean Beauty Skincare set in eco-friendly packaging. This initiative is designed for manufacturers, brand companies, raw material suppliers, packaging suppliers and trend forecasting companies keen to learn more about clean beauty. The fair is open for pre-registration now. Visitors can register here to save HKD400 registration onsite. For any further information please visit www.cosmoprof-asia.com NOTES TO EDITORS: Download the high-resolution images at this link: https://bit.ly/48CT17S FOLLOW US:Facebook | Instagram | LinkedIn | Twitter | WeChat | Weibo
HO CHI MINH CITY, Vietnam, Oct. 16, 2023 /PRNewswire/ -- The 21st Vietnam International Plastics and Rubber Industry Exhibition will be held at SECC - Saigon Exhibition and Convention Center in Ho Chi Minh City from October 18 to 21. Organized by the Ministry of Industry & Trade, Vinexad National Trade Fair & Advertising J.S.C (VINEXAD), and Yorkers Trade & Marketing Service Co., Ltd., co-organized with Vietnam Plastics Association (VPA), supported by related international associations from China, Korea, Vietnam and Taiwan. VietnamPlas 2023 - The 21st Vietnam International Plastics and Rubber Industry Exhibition will be held at SECC - Saigon Exhibition and Convention Center in Ho Chi Minh City from October 18 to 21. This year, the exhibition has attracted the participation of more than 625 exhibitors from 22 countries and regions, including Australia, Bangladesh, Brazil, Cambodia, China, Czech Republic, France, Hong Kong, India, Indonesia, Iran, Italy, Japan, Malaysia, Russia, Singapore, South Korea, Taiwan, Thailand, Turkey, United States, and Vietnam. With an impressive number of over 1,100 booths, covering an exhibition area of 23,000 square meters, this represents a doubling in the number of booths and exhibition space compared to 2022. It truly showcases Vietnam as a high-potential and fast-growing market in the industry. VietnamPlas 2023 will gather a wide range of solutions under one roof, including machinery and equipment for the production and processing of plastics and rubber from prominent companies, such as Tan Huy Thinh, Chuan Lih Fa, Ningbo Bole, LK IMM, Topstar, Fu Chun Shin, Full Shine, and Yizumi for injection molding machines. Zhang Jia Gang Xinhe, Shubham Extrusion Technik, Leader Extrusion Machinery, and Shanghai CMIC for extrusion lines. Nhat Minh, Silstar and Kim Minh for plastic film machines. Jing Day and Pan Stone for rubber injection machines. Additionally, Song Song represents multiple international brands, including Jomar, for injection molding machines and plastic processing auxiliary equipment in Vietnam. In terms of raw materials, including exhibitors like Daisaku Trading, Polymer Sell, PGPICC and Sakai Chemical. The recycling machinery category includes Polystar and Lung Meng, among others. Many other prominent exhibitors and categories from the plastics industry are also participating in VietnamPlas this time. The exhibition will host two seminar series concurrently. The VPA Seminar will focus on addressing the challenges in operational management for enterprises manufacturing and distributing raw materials & additives in plastic products, along with providing solutions for these challenges. The Market Insights Seminar will discuss supply chain management, digital transformation trends, and export strategies. Besides, the exhibition offers fun experiences for visitors, including free VietnamPlas canvas bag, fun selfie, and the chance to receive free drink vouchers during the event. For more information about the exhibition, please visit the official website at: https://chanchao.tw/58EM9F
Accelerated International Collaborations and partnerships propel the company towards high-quality, sustainable development CHANGSHA, China, Oct. 13, 2023 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK), a global frontrunner in high-end equipment manufacturer, is accelerating its localization in overseas markets and strengthening cooperation with global partners to boost its international business development. In a bid to further foster seamless collaborations, Zoomlion's chairman and CEO, Zhan Chunxin, recently visited Zoomlion subsidiaries in Indonesia and the Gulf region of the Middle East, as well as CIFA in Italy, M-TEC, RABE and Wilbert in Germany. Zoomlion's Chairman and CEO, Zhan Chunxin, Zhan Chunxin, celebrated the company's 31st anniversary with m-tec staff in Germany Zoomlion is thriving in the overseas market – in 2022, Zoomlion's total revenue in overseas markets amounted to 9.992 billion yuan (US$ 1.37 billion), marking a 72.6% annual growth. This momentum continued into 2023, with a 115% year-on-year revenue rise in the first half. Mergers and acquisitions are a key strategy for Zoomlion in overseas markets. By strengthening coordination with foreign subsidiaries, Zoomlion has promoted win-win cooperation. The company has expanded international development by upgrading overseas manufacturing bases. Founded in 1928, CIFA is a leading global concrete machinery manufacturer. Zoomlion acquired CIFA in 2008, integrating resources to achieve results in concrete technology and production. Following Zoomlion's integral layout, CIFA expanded into areas including construction hoisting machinery, industrial vehicles, aerial working platforms, and more. This significantly improved CIFA's competitiveness in global markets. Zoomlion is transforming its overseas model, combining global perspectives with local strategies. The company now has 30 operational hubs worldwide. Since being established in 2007, its UAE subsidiary has become a central platform overseeing the Middle East for administration, warehousing, parts, service and logistics. Its pivotal role is evident, with 2023 first-half sales in UAE and Saudi Arabia surging over 200% year-over-year. Zoomlion is also supporting the sustainable development of the agricultural industry in Southeast Asia. In September, the company partnered with the Lao Ministry of Agriculture to enhance technological collaboration, set machinery standards in Laos, and teamed up with PT Java Seed Indonesia to establish an advanced agricultural machinery facility in Indonesia. On September 28, as Zoomlion celebrated its 31st anniversary, Chairman Zhan paid a visit to M-TEC in Germany, and highlighted the group's three-decade journey of innovative and international progress. "Zoomlion's steady, high-quality journey toward innovation, openness and global growth is a testament to our entire team's dedication," said Zhan. "As we advance the strategic global layout and build up the three major industry sectors of construction machinery, agriculture machinery and intelligent agriculture, and new construction materials, our goal is for overseas business to represent over 50% of total operations. As always, we remain committed to supporting our international subsidiaries," added Zhan.
A12 藝術空間
machinery
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