Shenyang Machine Tool plans RMB 218M asset transfer from related party

Shenyang Machine Tool plans to acquire 792 items of existing fixed equipment from General Technology Group Shenyang Machine Tool Co., Ltd. in a related-party transaction valued at RMB 218.02 million, pending shareholder approval.

“Shenyang Machine Tool plans to acquire 792 items of existing fixed equipment from a company under the same controlling group in a proposed transaction valued at RMB 218.02 million including tax.”cncoutlook.com

• 1 source
• cncoutlook.comShenyang Machine Tool Plans RMB 218m Asset Transfer | CNC OutlookCNC Outlook EditorialOct 30, 2026

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