Zoomlion sells 29.99 percent stake: October 29 results follow for Zoomlion stock

Published on 10/19/2026 at 03:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The buyer will pay RMB 25.00 per share under the October 13, 2026 agreement. Zoomlion stock has October 29 results ahead.

Portfolio shift and reporting date

Zoomlion agreed to sell 35,988,000 shares for RMB 899.7 million on October 13, 2026.
International revenue reached RMB 15.535 billion in the first half of 2026, up 12.45 percent year on year.
Zoomlion's board is scheduled to review nine-month results on October 29, 2026.

Zoomlion, CNE100000G45, Illustration mit AI erstellt.

Zoomlion (ISIN CNE100000G45) agreed on October 13, 2026 to sell 35,988,000 shares in Luchang Technology, representing 29.99 percent of the target, for RMB 899.7 million, according to The Globe and Mail. The transaction would reduce Zoomlion's holding and redirect capital toward its core machinery operations.

What does the sale change?

The agreement covers 29.99 percent of Luchang Technology's issued capital at RMB 25.00 per share. After completion, a follow-on offer could cover another 16,800,000 shares, while Zoomlion plans to tender that block, according to The Globe and Mail.

The disposal matters because Luchang Technology would no longer be consolidated after completion. A report by Finimize said the transaction could leave Zoomlion with a 9.83 percent stake and generate about RMB 288 million in one-off profit, subject to final audit.

Three dates frame the story

On October 10, 2026, Zoomlion said mining machinery revenue grew 57.20 percent year on year in the first half of 2026, while international revenue rose 12.45 percent to RMB 15.535 billion, according to PR Newswire. On October 13, 2026, it signed the RMB 899.7 million stake-transfer agreement.

On October 16, 2026, Zoomlion scheduled a board meeting for October 29, 2026 to review unaudited third-quarter results for the nine months ended September 30, 2026, as reported by The Globe and Mail.

What comes next for earnings?

October 29, 2026 is the next substantiated reporting date. The nine-month release will give investors a fresh test of construction-equipment demand, overseas expansion and the effect of portfolio changes.

Capital allocation takes center stage

The latest disclosure links a concrete disposal with a broader international growth program. In the first half of 2026, overseas business represented 57.25 percent of total revenue, while Zoomlion operated more than 30 primary business hubs, over 530 secondary and tertiary outlets, and more than 300 spare-parts warehouses, according to PR Newswire. The coming results therefore matter for both operating momentum and the financial impact of the disposal.