# Shenyang Machine Tool and Dalian Machine Tool to set up joint venture

Shenyang Machine Tool Co., Ltd. announced it will invest 175 million yuan (70%) and General Technology Group Dalian Machine Tool Co., Ltd. will invest 75 million yuan (30%) to establish a joint venture named Liaoning Yipu Precision Machine Tool Components Co., Ltd., with total registered capital of 250 million yuan.

- Type: Acquisition
- Announced: 2026-05-14
- Where: China
- Value: $34.5M (250.0M CNY)
- Status: announced
- Products: precision machine tool components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shenyang Machine Tool Group](https://endata.com/companies/17056.md) (partner)
- [General Technology Group Dalian Machine Tool](https://endata.com/companies/91948.md) (partner)

## Sources

- [nbd.com.cn](https://www.nbd.com.cn/articles/2026-05-14/4393062.html), 2026-05-14: "沈阳机床5月14日公告，公司拟与通用技术集团大连机床有限责任公司共同投资设立辽宁镱镨精密机床部件有限公司"

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