---
title: "Citi expects Zoomlion to benefit from the national policy on agricultural technology in mainland China, reiterating a \"Buy\" rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274754113.md"
description: "Citigroup's research report points out that the \"No. 1 Document\" issued by the State Council of China aims to promote agricultural modernization, emphasizing the use of technologies such as AI and drones to enhance agricultural productivity. The document has a particularly positive impact on Zoomlion, with expectations that by 2026, approximately 8% of the company's revenue will come from agricultural machinery business. Citigroup reiterates a \"Buy\" rating on Zoomlion, with a target price of 10.2 yuan"
datetime: "2026-02-04T04:16:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274754113.md)
  - [en](https://longbridge.com/en/news/274754113.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274754113.md)
---

# Citi expects Zoomlion to benefit from the national policy on agricultural technology in mainland China, reiterating a "Buy" rating

Citigroup's research report indicates that the Chinese State Council has released the "No. 1 Document," aimed at advancing the modernization of the agricultural industry and promoting comprehensive rural revitalization. The document also points out that innovative technologies such as AI, drones, and robots should be utilized to enhance the productivity of China's agricultural industry.

The bank believes that among China's machinery manufacturers, this document is particularly positive for Zoomlion (01157.HK). It is estimated that about 8% of the company's revenue in 2026 will come from the agricultural machinery business. Based on the bank's observation of 90-day upward catalysts for Zoomlion, it considers the "No. 1 Document" as an additional catalyst and reaffirms its "Buy" rating with a target price of 10.2 yuan

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