# General Technology Group to acquire 68.87% of Nanjing Erji Gear Machine from Shenyang Machine Tool

Shenyang Machine Tool announced it will forgo the opportunity to acquire 68.87% equity in Nanjing Erji Gear Machine Co., Ltd. for 400 million yuan, and its controlling shareholder General Technology Group will instead acquire the stake.

- Type: Acquisition
- Announced: 2025-12-09
- Where: Nanjing, China
- Value: $55.0M (400.0M CNY)
- Status: announced
- Products: gear machine tools, hobbing machines, gear grinding machines, gear shaping machines, gear shaving machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shenyang Machine Tool Group](https://endata.com/companies/17056.md)
- [General Technology](https://endata.com/companies/46808.md) (acquirer)
- [Nanjing Erji Gear Machine](https://endata.com/companies/89004.md) (target)

## Sources

- [stcn.com](https://www.stcn.com/article/detail/3532367.html), 2025-12-09: "沈阳机床拟放弃南京二机68.87%股权收购机会 控股股东通用技术集团将接手"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.