On July 3, the strategic partnership signing ceremony between Ethiopian Agricultural Business Group (EABC) and Zoomlion Agricultural Machinery Co., Ltd. (hereinafter referred to as Zoomlion Agricultural Machinery) was held in Changsha Zoomlion Lugu Industrial Park. Witnessed by Ethiopian Agriculture Minister Dr. GIRMA AMENTE and Zoomlion Co-President Wang Yongxiang, Ethiopian Agribusiness Group CEO Keefle Waldmariam Gawo (Mr. KIFLE WOLDEMARIAM GAWO) signed a strategic partnership agreement with Zhang Chi, the joint general manager of Zoomlion Agricultural Machinery.
The two parties will make full use of their respective advantages and take the opportunity of strategic cooperation to form a strategic partnership, and will establish a long-term business relationship mechanism in the future to achieve mutual benefit and win-win results. After the implementation of the project, Zoomlion Agricultural Machinery is expected to become the largest local manufacturer of agricultural machinery products with the highest market share.

At the signing ceremony, Wang Yongxiang introduced Zoomlion's development in Africa. In recent years, with the in-depth cooperation between my country and African countries in various fields, Zoomlion's agricultural machinery has been recognized and welcomed by more and more African governments and enterprises. After several years of hard work, it has become one of the top three enterprises in Africa. of Chinese agricultural machinery exporters. Zoomlion Agricultural Machinery will continue to provide impetus for the mechanization and modernization of Ethiopian agriculture with advanced technology, excellent products and perfect services, and work together to write a new chapter of cooperation and development in the agricultural field.
Gilmar Amont expressed his gratitude to Zoomlion for its warm reception, and praised Zoomlion Agricultural Machinery's vigorous overseas development momentum in recent years. He said that in the past 10 years, the economic and trade cooperation and people's friendship between Egypt and China have steadily improved. As one of the earliest enterprises in China's equipment manufacturing industry to enter Africa, Zoomlion's sales network covers the whole of Africa; This cooperation is an opportunity to establish more business contacts and long-term mechanisms with Zoomlion Agricultural Machinery in the future. While increasing more employment opportunities, it will continue to promote the economic and social development of Ethiopia and achieve mutual benefit and win-win results; at the same time, through the introduction of Zoomlion The advanced technology of Zhongke agricultural machinery fills the gap in the field of agricultural machinery manufacturing in Egypt and improves the overall level of agricultural production.
According to the signed strategic partnership agreement, Zoomlion Agricultural Machinery will cooperate with Ethiopia by providing agricultural machinery equipment supply, service guarantee, spare parts maintenance, personnel training, etc. to promote the modernization of its agricultural machinery and provide assistance for agricultural transformation and development. In addition, in the future, the two parties may jointly set up an SKD assembly plant in the local area to not only meet the needs of the local agricultural machinery market, but also complete exports to neighboring countries.

Before signing the contract, from July 2nd to 3rd, Gilmar Amont and his party also visited Zoomlion Kaifeng Industrial Park in Henan, Zoomlion Smart Industrial City and Lugu Industrial Park in Changsha, Hunan Province, to learn more about Zhonglian Zoomlion's production and manufacturing of agricultural machinery products, intuitive experience of Zoomlion's intelligent manufacturing style and corporate industrial culture. In Zoomlion's Kaifeng Industrial Park, Gilmar Amont also boarded a tractor with great interest to experience the actual operation and intuitively feel the manufacturing process and quality of the product.

The conclusion of the strategic partnership between Zoomlion Agricultural Machinery and the Ethiopian Agribusiness Group is also a vivid footnote to the continued deepening of cooperation and remarkable results in the third China-Africa Economic and Trade Expo. Zoomlion is one of the first Chinese equipment manufacturing companies to enter the African market. Up to now, Zoomlion has exceeded 10,000 sets of construction machinery and agricultural machinery in Africa. In recent years, Zoomlion has seized the opportunity of overseas platforms such as the China-Africa Economic and Trade Expo, and the annual growth rate of its business volume in Africa has reached about 50%.