Qinchuan Machine Tool to acquire 42% stake in Baoji Loyal Machine Tool for $207M

Qinchuan Machine Tool Group Co., Ltd. announced on October 30, 2026, that it plans to acquire a 42.0635% stake in Baoji Loyal Machine Tool from Renren Investment for RMB 207 million in cash. The transaction will increase Qinchuan's total stake to 96.8254%.

“秦川机床拟2.07亿元收购宝鸡忠诚机床42.0635%股权”cnu.com.cn

• 2 sources
• cnu.com.cn秦川机床拟2.07亿元收购宝鸡忠诚机床42.0635%股权-网界Nov 2, 2026
• cnu.com.cn秦川机床拟2.07亿元收购宝鸡忠诚机床42.0635%股权-网界Nov 3, 2026

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