2026-09-29 · Source: PRNewswire (API)
Summary in 3 Points • Zoomlion's US$300 million credit insurance policy is designed to support its growing international business. • The US$50 million non-recourse factoring agreement allows Zoomlion to manage overseas receivables more efficiently. • The agreements were signed at the Zoomlion 2026 Global Financial Partners Summit in Shanghai. --- Zoomlion Heavy Industry has signed a US$300 million portfolio credit insurance policy and a US$50 million non-recourse factoring agreement. This arrangement, developed over six months, aims to create a structured framework for managing overseas installment receivables, allowing Zoomlion to finance these receivables more effectively. The agreements were formalised during the Zoomlion 2026 Global Financial Partners Summit held in Shanghai, attended by over 40 financial and insurance partners from various countries. The credit insurance policy was signed with a double-A-rated international insurer, while the factoring agreement was established with an overseas bank. This strategic move comes as Zoomlion's international revenue increased by 12.45% year-on-year in the first half of 2026, highlighting the company's commitment to expanding its global footprint. Zoomlion plans to continue enhancing its cooperation with financial partners to develop scalable financial solutions that support its international growth ambitions. For the London Insurance Market, the credit insurance policy aligns with the growing demand for structured finance solutions, particularly in trade credit insurance, which is a key offering from institutions like Lloyd's of London.
For the London Insurance Market, the credit insurance policy aligns with the growing demand for structured finance solutions, particularly in trade credit insurance, which is a key offering from institutions like Lloyd's of London.