CICC Issues Trading Analysis Report for Zoomlion

BEIJING, Dec. 1, 2011 /PRNewswire-Asia/ -- China International Capital Corporation Limited (CICC) today released a new trading analysis report for Zoomlion (01157.HK), one of China's leading manufacturers of construction machinery. The report focuses on the analysis of previous public announcements and statistics, while also forecasting potential areas of growth for the company given current market trends.

According to the report, both concrete machinery and truck cranes saw positive YoY growth in October, although CICC believe there is a seasonality and specific low-base effect, and this could achieve positive QoQ growth in 4Q11. Driven by infrastructure improvements, truck cranes should see better results next year, which could be the next growth driver for Zoomlion.

To read the full report, please visit: http://www.prnasia.com/sa/attachment/2011/12/20111201200450106606.pdf .

About Zoomlion:

Zoomlion is China's leading manufacturer of construction machinery equipment and among China's first "Group of Innovative Enterprises." Zoomlion is mainly specialized in the R&D and manufacturing of advanced technologies and equipment for national key infrastructure construction projects, including construction, energy engineering, environment engineering and transportation engineering projects.

About CICC:

Being China's first joint venture investment bank, CICC is committed to providing investment banking, capital markets, institutional and individual securities sales and trading, fixed income, asset management, private equity and market research services that meet international standards to both institutional and individual clients.

Headquartered in Beijing, CICC set up offices in strategic locations including Hong Kong, Shanghai and Shenzhen. In line with increasing business diversity, CICC is active in expanding its overseas presence while consolidating a solid base for its goal to become a China-based international investment bank.

SOURCE CICC