# Shenyang Machine Tool plans to buy 792 fixed assets for $218M

China Shenyang Machine Tool Co., Ltd. and its subsidiary Liaoning Yipu Precision Machine Tool Components Co., Ltd. plan to purchase 792 fixed assets from Genertec Shenyang Machine Tool Co., Ltd. for approximately RMB 218 million. The assets include machinery, equipment, and vehicles located in Shenyang, Liaoning. The plan was approved by the board on October 28, 2026, and announced on October 30.

- Type: Investment
- Announced: 2026-10-30
- Where: Shenyang, Liaoning, China
- Value: $30.5M (218.0M CNY)
- Status: announced
- Products: cranes, gantry five-face machining centers, laser cutting machines, CNC guideway grinding machines, horizontal coordinate boring machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [China Shenyang Machine Tool Co., Ltd.](https://endata.com/companies/14946.md)
- [Liaoning Yipu Precision Machine Tool Components Co., Ltd.](https://endata.com/companies/14947.md)
- [Genertec Shenyang Machine Tool Co., Ltd.](https://endata.com/companies/14948.md) (partner)

## Sources

- [en.wedoany.com](https://en.wedoany.com/shortnews/501328.html), 2026-11-02: "the board of directors of China Shenyang Machine Tool Co., Ltd. approved a fixed asset acquisition plan totaling approximately RMB 218 million"

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