# Kunming Machine Tool sells VMG6 machine for 40 million yuan

Kunming Machine Tool sold a VMG6 five-axis boring and milling machine to Shandong Haomai Machinery Technology for 40 million yuan via public listing.

- Type: Contract
- Announced: 2018-04-06
- Where: Yunnan, China
- Value: $6.30M (40.0M CNY)
- Status: announced
- Products: VMG6 five-axis boring and milling machine
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kunming Machine Tool](https://endata.com/companies/16267.md)
- [Shandong Haomai Machinery Technology](https://endata.com/companies/18478.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/117665.html), 2018-04-06: "该设备的出售不影响公司的正常生产经营，若交易完成有利于盘活公司固定资产"

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