Shanghai Top Numerical Control Technology signs LOI to acquire at least 70% of CNC machine tool company

Shanghai Top Numerical Control Technology (TOPNC) signed a non-binding letter of intent on October 20, 2026 to acquire not less than 70% equity in a CNC machine tool company. The target researches, manufactures and sells multi-axis CNC machine tools and direct-drive high-speed five-axis machines for precision parts processing.

“The Company said it signed a non-binding letter of intent on 20 October 2026 to acquire in aggregate not less than 70% of the equity interest in a CNC machine tool company.”minichart.com.sg

• 2 sources
• minichart.com.sgTOPNC Signs 90-Day LOI to Buy At Least 70% of CNC Machine Tool Target – MinichartOct 21, 2026
• finance.eastmoney.com拓璞数控拟收购目标公司不少于70%股权 加码高端数控机床布局 _ 东方财富网Oct 21, 2026

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