深圳2026年5月21日 /美通社/ -- 近日，中興通訊正式發布2025年度可持續發展報告，全面展示了公司深化環境、社會及治理（ESG）實踐的最新成果。這也是中興通訊連續第十八年向社會披露履責答卷。過去一年，中興通訊全面擁抱人工智能，不僅在推進科學降碳領域取得裡程碑進展，依托數智技術加速全球數字普惠與行業轉型，同時以更高標准的治理韌性，深度詮釋了「數字經濟築路者」的責任擔當與時代使命。

中興通訊執行董事、總裁徐子陽在報告中指出：「面對全球數字經濟的深刻變革，中興通訊以更清晰的戰略遠見、更堅定的責任擔當，正式提出'成為網絡連接與智能算力的領導者'這一新願景，以'連接+算力'雙輪驅動，堅守技術賦能經濟高質量和可持續發展的初心，攜手合作伙伴打造更加高效、綠色、普惠的智能未來。」

夯實創新底座，以AI重塑數智發展新動能

中興通訊堅定推進「連接+算力」雙輪驅動戰略，全面擁抱AI，持續深化「All in AI，AI for All」。過去一年，中興通訊堅持高強度研發投入，全年研發費用達227.6億元，營收占比約17%。公司以前沿技術探索與協同創新為核心，重點布局連接（6G、光通信與IP網絡）、算力、能源技術、智能終端（如AI終端）、操作系統、數據庫及芯片等關鍵領域，全年共申報並獲得科技項目逾百項。

報告顯示，截至2025年12月31日，中興通訊累計申請9.5萬件全球專利、歷年全球累計授權專利超5萬件。其中，在芯片領域，擁有約5,900件專利申請、累計授權專利超3,700件；在AI領域，擁有近5,500件專利申請，有近一半已獲授權。在研發領域，AI工具已得到廣泛應用，開發人員使用滲透率高達79.78%，AI代碼生成率達到31.45%。中興通訊在中國專利獎評選中已累計獲得11項金獎、3項銀獎、39項優秀獎，在廣東省專利獎評選中累計獲得31項獎項，技術創新實力持續領跑行業。

科學降碳引領，鋪就「數字林蔭路」

面對氣候變化的全球性挑戰，中興通訊持續通過綠色運營、綠色供應鏈、綠色數字基座及綠色行業賦能四大維度鋪設「數字林蔭路」，堅定履行科學碳目標（SBTi）承諾。2025年，通過管理節能，基於AI的動態彈縮及遠程控制等技術手段，中興通訊超額達成公司《2024零碳戰略白皮書》中設立的第一階段目標，實現范圍1&2（運營排放）碳排放較基准年2021年減少46%。此外，2025年公司實現范圍3（上下游排放）系統產品使用維護階段物理強度減排8.55%，終端產品全生命周期絕對排放同比減少3.05%。憑借在環境治理方面的卓越表現，中興通訊連續三年榮登CDP氣候變化最高級別「A評分榜單」。

綠色運營方面，中興通訊從能源結構優化、技術節能細化、節電管理、雙碳數字化到能力建設與意識提升，形成了系統化的降碳路徑。2025年，公司新增完成西安、長沙光伏項目建設，全年光伏年發電量達3,922萬度。此外，中興通訊積極參與綠電交易，全年共獲得綠色電力證書交易憑證3.37萬張（合計3,369萬度）。

綠色供應鏈方面，中興通訊將低碳要求全面納入SPIRE2.0供應鏈戰略，協同合作伙伴，以技術驅動，構建端到端綠色供應鏈，推進產業鏈可持續發展。2025年，隨著西安、長沙基地獲得「國家級綠色工廠」認證，公司目前已有三家國家級綠色工廠和一家省級綠色工廠。過去一年裡，中興通訊完成對97家供應商實施雙碳培訓，對158家供應商進行雙碳審核，指導了152家主力供應商（覆蓋采購額50.82%）完成碳盤查，並推動83家供應商參與CDP披露。

綠色數字基座方面，中興通訊通過采用自研低功耗芯片、液冷等先進散熱技術、站點疊光及全生命周期碳足跡管理，為行業提供綠色的數字基礎設施。截止到2025年底，公司共完成240款產品碳足跡評估，已經實現所有產品類別全覆蓋。

綠色行業賦能方面，中興通訊利用ICT技術（如5G、雲、AI、數字星雲平台），為千行百業提供數字化轉型解決方案，助其實現節能降碳與提質增效。比如，中興通訊助力本溪工具股份有限公司開展智慧工廠建設，通過5G+工業互聯網方案，成功實現各工序一線操作者數量累計下降20%，年產量提升1.5倍，原材料采購提前時間縮短40%，停工待料時間減少50%，交貨時間縮短20%，助力企業綜合競爭力有效提升。

踐行科技向善初心，共建包容美好社會

中興通訊始終秉持「以人為本」的理念，致力於讓不同地區民眾享有平等的通信權利與數字機會。2025年，公司已為全球三分之一人口提供網絡服務，將可持續的基礎設施和技術賦能延伸到世界各地。從在海拔4500米以上的西藏巴青縣人民醫院部署FTTR-B全光融合組網，為偏遠地區搭建醫療互通橋梁，到通過非洲「信號升格」項目在埃塞俄比亞鄉村建成152座農網站點，為超百萬當地民眾提供穩定的網絡服務，中興通訊正以科技踐行數字普惠，持續構建包容、公平、智慧的數字世界。

中興通訊始終將人才視為企業最寶貴的財富，致力於構建學習型組織，持續構建AI時代的員工賦能生態。2025年，公司員工參與培訓覆蓋率穩定保持100%，常態化開展EAP（員工關愛計劃）項目；ISO 45001職業健康安全管理體系認證覆蓋國內所有運營與生產場所及海外30個國家。

在公益方面，2025年，中興通訊持續深化志願服務體系建設，員工志願者總數突破2萬人，年度全球公益活動達600余場。一直以來，秉持「讓善意到達每一個角落」的願景，公司在中國、印度、印尼、西班牙、南非、埃塞等40多個國家根據受助者實際需求，通過科學合理的項目策劃，聚焦公益助學、醫療救助、低碳環保、鄉村振興四大領域，持續開展全球化公益行動，累計受益人群超百萬。

夯實合規根基，強化治理韌性

中興通訊持續完善「戰略－決策－執行」三層可持續發展治理體系，前瞻應對新興風險，確保戰略穩健實施。2025年，公司維持ISO 22301:2019BCM業務連續性管理體系認證持續有效，認證范圍覆蓋五大制造基地和主要研發中心，並推動主要供應商建立BCM管理體系。中興通訊ISO 37001反賄賂管理體系認證也持續有效，覆蓋包括38個業務重點國家在內的子公司與分支機構。此外，公司已正式上線「企業出海數據跨境合規服務平台」，提供一站式數據跨境合規解決方案，助力企業應對全球復雜合規挑戰。

中興通訊視數據合規治理和信息安全治理體系為公司治理整體架構的重要組成部分。2025年，中興通訊持續保持ISO/IEC 27001信息安全管理體系認證和ISO/IEC 27701隱私信息管理體系（PIMS）認證有效性，發布了更新版《隱私保護白皮書》，並新增五款核心固網多媒體產品成功通過歐盟 ePrivacy機構權威認證，獲得ePrivacyseal Global 證書。

作為聯合國全球契約組織（Global Compact）以及全球賦能可持續發展倡議組織（GeSI）的成員，同時也是國際電信聯盟（ITU）發起的Partner2Connect（P2C）數字聯盟項目的重要參與方和首批領軍者（P2C Champion），中興通訊在ESG領域的不懈努力持續獲得國內外權威認可。2025年，中興通訊連續四年獲晨星SUSTAINALYTICS低ESG風險評級，連續四年榮登《財富》中國 ESG 影響力榜單，連續六年榮獲ATD人才發展協會「卓越實踐獎」，並再度入選標普《可持續發展年鑒（中國版）2025》。此外，中興通訊還入選了央視總台「ESG上市公司先鋒100（2025）」，以及由人民日報海外網和GYBrand聯合發布的「2025年度中國出海品牌100強指數」榜單，同時入選「2025年中國企業ESG藍皮書案例」，並榮獲鳳凰衛視「ESG年度傳播影響力先鋒」榮譽等。

展望未來，中興通訊將繼續積極發揮基礎技術研發創新與商用優勢，切實助力聯合國可持續發展目標（SDGs）的落地，持續為利益相關方創造長期價值，推動社會向更高效、更綠色、更智能、更普惠方向演進。

欲了解《中興通訊2025年度可持續發展報告》詳情，請訪問：
https://www.zte.com.cn/content/dam/zte-site/investorrelations/cn_announcement/ZTE_Sustainability_Report_2025_cn.pdf 

歡迎登錄中興通訊可持續發展專題網站，查閱更多詳情動態：
https://www.zte.com.cn/china/about/sustainability.html

媒體垂詢：
中興通訊
傳播部
電子郵件：[email protected]  

SHENZHEN, China, May 21, 2026 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, recently released its Sustainability Report 2025, highlighting the company's latest achievements in deepening ESG practices. This marks the 18th consecutive year that ZTE has voluntarily disclosed its annual sustainability performance to the public.

Xu Ziyang, Executive Director and CEO of ZTE, states in the report: "Driven by our 'Connectivity + Computing' strategy, we remain committed to our original aspiration of empowering high-quality and sustainable economic development through technology, and work with our partners to build an intelligent future that is more efficient, green, and inclusive."

In 2025, ZTE sustained disciplined R&D investment, recording annual expenses of RMB 22.76 billion, approximately 17% of total revenue, to advance the development of its comprehensive AI capabilities. By December 31, 2025, ZTE had filed approximately 95,000 global patent applications, with over 50,000 granted globally. In the chip sector, the company holds around 5,900 patent applications and over 3,700 granted patents. In the field of AI, it has nearly 5,500 patent applications, with almost half granted.

Leading Science-Based Carbon Reduction, Paving the "Digital Green Path"

ZTE integrates climate action into its strategy, advancing the "Digital Green Path" across four key dimensions: green corporate operations, green supply chain, green digital infrastructure, and green industry empowerment, ensuring the achievement of science-based targets.

In 2025, through management measures for energy saving and technologies such as AI-based dynamic scaling and remote control, ZTE exceeded its Phase I target outlined in the ZTE Net-Zero Strategy White Paper, reducing operational carbon emissions by 46% compared with 2021. For Scope 3 (upstream and downstream emissions), ZTE achieved an 8.55% reduction in physical emissions intensity during the use and maintenance phase of telecom products, with a YoY reduction of 3.05% in absolute emissions across the full lifecycle of terminal products.

For three consecutive years, ZTE has been recognized on the CDP Climate A list for its excellence in environmental governance.

Advancing Tech for Good, Building an Inclusive and Equitable Society

ZTE remains committed to equal communication rights and digital opportunities worldwide. Regarding talent as its most valuable asset, in 2025, ZTE maintained 100% employee training coverage and regularly carried out Employee Assistance Program (EAP) initiatives. The company also passed the re-assessment for the ISO 45001 system for all domestic operations and production sites, as well as for operations in 30 overseas countries.  

In public welfare, ZTE further strengthened its volunteer service system in 2025, with the number of employee volunteers surpassing 20,000 and more than 600 global community programs carried out during the year. These efforts benefited more than one million people globally, underscoring ZTE's commitment to building a more inclusive and sustainable society.

Strengthening Compliance Foundations, Enhancing Governance Resilience 

ZTE continuously builds and improves its three-tier sustainability governance system of "Strategy—Decision-Making—Execution", proactively addressing emerging risks to ensure steady implementation of its strategic goals. In 2025, the company sustained its ISO 22301:2019 Business Continuity Management System certification, covering five manufacturing bases and major R&D centers.

ZTE regards data compliance governance as an important part of the company's overall compliance governance framework. In 2025, alongside releasing its updated ZTE Privacy Protection White Paper, ZTE secured EU's ePrivacyseal Global certification for five of its key fixed network and multimedia products, reinforcing its world-class data protection standards.

ZTE's ESG efforts continue to receive worldwide recognition. In 2025, the company was rated by Sustainalytics as "Low ESG Risk" for the fourth consecutive year, included in the 2025 Fortune China ESG Impact List for the fourth year, honored with "Excellence in Practice Award" from the Association for Talent Development (ATD) for the sixth consecutive year, and once again featured in the S&P Global Sustainability Yearbook (China Edition) 2025.

Looking forward, ZTE will continue to leverage its strengths in the R&D innovation and commercialization of fundamental technology, actively supporting the realization of the United Nations Sustainable Development Goals (SDGs) and driving society toward a future that is more efficient, greener, smarter, and more inclusive.

Download ZTE Sustainability Report 2025 here:https://www.zte.com.cn/content/dam/zte-site/investorrelations/en_announcement/ZTE_Sustainability_Report_2025_en0519.pdf

Visit ZTE's sustainability website for more: https://www.zte.com.cn/global/about/sustainability.html

MEDIA INQUIRIES:
ZTE Corporation
Communications
Email: [email protected] 

NVIDIA Corporation (NVDA.US) delivered better-than-expected results for its first fiscal quarter ended April, with strong guidance and improved capital allocation, Goldman Sachs said in its report. The broker believed the capex sustainability provides a clear path for the company's outperformance in the future.

The broker raised its EPS forecasts by an average of 6% to reflect higher revenue projections and a lower-than-expected tax rate, in line with company guidance. The TP was lifted from USD250 to USD285, with a Buy rating.

Given the strong quarterly results performance and guidance that sharply beat market expectations (despite already upbeat pre-earnings sentiment), the broker estimated the stock to trend moderately higher.

Goldman Sachs noted that investor expectations had already risen ahead of the results amid upward revisions to capex forecasts by hyperscale cloud operators. However, it viewed second-quarter guidance surpassed these elevated expectations.
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AASTOCKS Financial News
Website: www.aastocks.com

HONG KONG, May 21, 2026 /PRNewswire/ -- On 21 May 2026, S&P Global hosted the "Sustainability Yearbook (China Edition) 2026 Launch Ceremony and Sustainability Forum" in Shanghai. Fosun International Limited (Hong Kong Stock Exchange stock code: 00656, "Fosun International") was included in the S&P Global Sustainability Yearbook (China Edition) 2026 and ranked among China's Top 1% for the third consecutive year, recognizing its long-standing commitment to advancing environmental, social and governance (ESG) practices. This achievement underscores Fosun International's industry-leading position in sustainability management and ESG efforts.

This year, nearly 1,800 Chinese companies that participated in the 2025 Corporate Sustainability Assessment (CSA) and were eligible for inclusion in the S&P Global Sustainability Yearbook (China Edition) 2026 were evaluated, with only about 190 outstanding companies ultimately selected for inclusion. According to the selection criteria for the S&P Global Sustainability Yearbook 2026, companies included in the Yearbook must achieve a CSA score of at least 30 in their respective industries, rank within the top 15% of their industry, and have a score within 30% of the industry's top-performing company. To be recognized as among the "Top 1%", companies must achieve a CSA score of at least 60 and have a score within 1% of the highest score in their industry.

With years of sustained investment in ESG, Fosun International has consistently enhanced its S&P Global CSA score and maintained a leading position among its peers. In the 2025 S&P Global CSA, the company achieved an outstanding score of 73. As of May 2026, Fosun International ranked in the top 7% among its global industry peers in the assessed industry, outperforming the industry average by nearly 40 points. This achievement demonstrates Fosun International's balanced progress across the environmental, social, governance, and economic dimensions.

In addition, in February 2026, Fosun International was also included in the S&P Global Sustainability Yearbook 2026. The assessment universe covered more than 9,200 companies in the 2025 CSA, of which only 848 companies were ultimately selected, demonstrating that Fosun International's ESG management performance continues to be recognised by authoritative international institutions.

In recent years, Fosun International has delivered strong results in global ESG ratings. Under the latest MSCI 5.0 rating model, Fosun International's MSCI ESG rating has been upgraded to AAA; its Hang Seng Sustainability Rating has remained at AA-; its FTSE Russell ESG score has risen to 4.2; and Fosun International has been selected as a constituent of the FTSE4Good Index Series for the fifth consecutive year. The continued improvement across multiple international ratings and indices reflects Fosun's long-term commitment and solid progress in ESG governance, information disclosure, risk management, and sustainable development practices.

As an industry group rooted in China with a global presence, Fosun has consistently placed sustainable development at the core of its long-term corporate strategy. In 2025, Fosun continued to advance its "Create IMPACT" sustainability strategy, focusing on six key directions: Innovation-driven, Mindful Operation, People and Partner Oriented, Advanced Governance, Climate and Planet Positive, and Transparency. The Group further integrated ESG principles into corporate governance, industrial operations, risk management, and global development. Meanwhile, Fosun has established a comprehensive ESG governance structure comprising the Board, the ESG Board Committee, and a multi-level management mechanism, continuously enhancing systematic management, transparency, and execution of its sustainability efforts, while empowering resilient business growth through high-quality ESG practices.

In addressing climate change, Fosun actively responds to China's "dual carbon" goals and continues to advance its low-carbon transition. In April 2026, Fosun released its fourth Climate Information Disclosures Report. In line with the full implementation of the Hong Kong Stock Exchange's new climate requirements, Fosun further aligned with leading international climate disclosure frameworks, referencing the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and the International Financial Reporting Standards S2 Climate-related Disclosures Requirements (IFRS S2). These efforts continuously enhance the transparency of Fosun's climate actions and strengthen its climate risk management capabilities.

Fosun has made a commitment to "strive to achieve carbon emissions peak by 2028 and carbon neutrality by 2050". Building on this commitment, Fosun has set a mid-term target to reduce the intensity of Scope 1 and Scope 2 GHG emissions by 20% by 2034, using 2024 as the base year. At the same time, Fosun continues to advance the long-term sustainable development of the Group and its industrial ecosystem through initiatives such as green buildings, sustainable tourism, green finance, energy conservation and emissions reduction, and climate actions undertaken by its member companies.

Looking ahead, Fosun will continue to deepen its industrial operations, strengthen innovation and globalisation, continuously improve its ESG management system, actively respond to national and global sustainability strategies, safeguard information security, promote technology innovation, implement the "dual carbon" goals, engage in philanthropic initiatives, protect employees' rights and interests, and promote the long-term sustainable development of its business. Fosun is committed to creating lasting value for all stakeholders and to firmly fulfilling its mission of "Creating happier lives for families worldwide".

NVIDIA Corporation (NVDA.US) delivered better-than-expected results for its first fiscal quarter ended April, driven by vigorous AI demand, Citi said in its report. The broker is awaiting management's comments during the earnings conference call. The rating is Buy with a target price of USD300.

NVIDIA reported first fiscal quarter revenue/non-GAAP EPS of USD81.6 billion/USD1.87, topping Citi's estimates of USD80.1 billion/USD1.76 and market expectations of USD78.9 billion/USD1.75.
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AASTOCKS Financial News
Website: www.aastocks.com

NVIDIA Corporation (NVDA.US) delivered another spotless set of quarterly results, with the only criticism being that market reaction has begun to soften, CLSA said in its report.

The company recorded YoY revenue growth of approximately 56% for the past three consecutive quarters, which accelerated to 85% YoY in the latest results. For the next quarter, the upper end of revenue growth guidance is projected at around 99% YoY.

The broker maintained its High-Conviction Outperform rating with a TP of USD300.
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AASTOCKS Financial News
Website: www.aastocks.com

Tesla, Inc. (TSLA.US) Vice President Grace Tao said that CEO Elon Musk and owners of the Model S/X Signature editions jointly witnessed the final roll-off of the two iconic models at the Fremont factory in California, as the production line will soon be converted into a manufacturing line for Tesla's humanoid robots.

From accelerating the world's transition to sustainable energy to building a world of extraordinary abundance, Tesla has already embarked on a new journey.
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AASTOCKS Financial News
Website: www.aastocks.com

HONG KONG, May 20, 2026 /PRNewswire/ -- KLN Logistics Group Limited ("KLN"; Stock Code: 0636.HK) continues to support multinational corporations in their supply chain shifts with its proven China-Hong Kong hybrid logistics solutions, delivering cost efficiencies without compromising service quality. Building on its track record, KLN has successfully relocated the operations for a heritage European confectioner, a global fast-food giant and a leading international paper distributor into the Greater Bay Area earlier this year.

Developed through its extensive operational experience, KLN's hybrid logistics model integrates bonded warehousing, cross-border transportation, customs clearance and digital visibility into a scalable, end-to-end solution. With expanded facilities in Yantian, Shenzhen, the model now includes frozen food handling for F&B customers, alongside real‑time coordination via control towers in two cities, ensuring consistent speed, reliability and service performance.

A key strength of the hybrid logistics solutions lies in KLN's Authorised Economic Operator (AEO) status, complemented by its established partnership with customs authorities in both Hong Kong and the Chinese Mainland. The AEO accreditation ensures priority customs clearance and minimal inspection, enabling same-day and next-day deliveries while supporting lean inventory strategies and rapid replenishment.

Samuel Lau, Managing Director - Integrated Logistics of KLN, said, "Our China-Hong Kong hybrid logistics model delivers significant cost savings for our key accounts by optimising inventory and simplifying cross‑border flows while maintaining high service standards and enabling greater resilience. With dedicated facilities in Qianhai and Yantian, Shenzhen, we now support a wider range of customers, enabling seamless cross‑border operations and efficient, cost‑effective outcomes."

Looking ahead, KLN remains committed to supporting international customers with agile, resilient and future-ready logistics solutions, helping them unlock greater value from the China-Hong Kong corridor.

KLN continues to support multinational corporations in their supply chain shifts with its proven China-Hong Kong hybrid logistics solutions, delivering cost efficiencies without compromising service quality.

About KLN Logistics Group Limited (Stock Code 0636.HK)

KLN is an Asia-based, global 3PL with a highly diversified business portfolio and extensive coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal) and e-commerce to industrial project logistics and infrastructure investment.

With a global presence across 58 countries and territories, KLN has established a solid foothold in half of the world's emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Chinese Mainland, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

KLN generated a revenue* of over HK$56 billion in 2025. It is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Corporate Sustainability Benchmark Index.

SHENZHEN, China, May 20, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 10/F, The Hong Kong Club Building, 3A Chater Road, Central, Hong Kong on Tuesday, June 30, 2026 at 10 a.m. (Beijing/Hong Kong time) for the purposes of considering and, if thought fit, passing the resolutions as set forth in the notice of the AGM (the "AGM Notice"). The AGM Notice and the form of proxy for the AGM are available on the Company's website at https://ir.tencentmusic.com on May 20, 2026. The Board of Directors of the Company fully supports the proposed resolutions and recommends that shareholders and holders of American depositary shares ("ADSs") vote in favor of the resolutions.

Holders of record of the Company's ordinary shares as of the close of business on Wednesday, May 20, 2026 (Beijing/Hong Kong time), are entitled to receive notice of, and to attend and vote at, the AGM or any adjournment or postponement thereof. Holders of record of ADSs as of the close of business on Wednesday, May 20, 2026 (U.S. Eastern Time) who wish to exercise their voting rights for the underlying Class A ordinary shares must give voting instructions directly to The Bank of New York Mellon, the depositary of the ADSs, or indirectly through a bank, brokerage or other securities intermediary, as the case may be.

The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). The Company's annual report on Form 20-F can be accessed on the Company's website at https://ir.tencentmusic.com and on the SEC's website at https://www.sec.gov.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to create endless possibilities with music and technology. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact

Tencent Music Entertainment Group
[email protected]   
+86 (755) 8601-3388 ext. 885034

CASABLANCA, Morocco, May 20, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") is strengthening its local operations in Africa to better support regional infrastructure, agricultural mechanization and long-term market development. The move comes as China's expanded zero-tariff policy for 53 African countries with diplomatic ties to China and the upcoming China-Africa Economic and Trade Expo in Africa, to be held in Morocco in 2026, create a timely opportunity for Zoomlion to further strengthen local service networks and deepen cooperation with customers and partners across African markets.

As part of its long-term commitment to the African market, Zoomlion recently opened its Morocco subsidiary in Casablanca, marking another step in its continued localization strategy. The new local platform is designed to improve equipment availability, spare parts support and on-the-ground service capabilities, while strengthening Morocco's role as an important hub for Zoomlion's North African operations. With the new subsidiary, Zoomlion aims to respond more quickly to customer needs and provide more efficient support for construction, transportation, port, stadium and energy-related projects across Morocco and the broader North African market.

Zoomlion entered Africa in 2007 and is among the earlier Chinese equipment manufacturers to expand into the continent. After nearly two decades of development, the company has built a broad presence across Africa, with construction machinery, mining machinery and agricultural machinery forming key pillars of its regional business.

Across Africa, Zoomlion equipment has supported a number of major infrastructure and development projects, including Egypt's New Administrative Capital, the Julius Nyerere Hydropower Project in Tanzania, N'Djamena Stadium in Chad and the Rosso Bridge between Senegal and Mauritania. The company has also continued to expand its agricultural machinery presence across the continent, supporting local farming, mechanization and after-sales service needs.

Zoomlion will further showcase its latest generation of flagship products at the 2026 China-Africa Economic and Trade Expo in Morocco. The company will also lead specialized events, including the China-Africa Agricultural Machinery Application and Development Seminar, to facilitate exchanges on smart agricultural machinery, precision operations and remote maintenance.

Zoomlion's business in Africa continued to grow strongly in 2025, with revenue in the region increasing 157% year over year. The company will continue to strengthen localized operations, expand service capabilities and work with local partners to support infrastructure development and long-term regional development across Africa.