# Qinchuan Machine Tool subsidiary to build high-end CNC machine tool industrial park

Qinchuan Machine Tool's controlling subsidiary plans to invest 361 million yuan to build the first phase of Baoji Machine Tool Group's high-end CNC machine tool industrial park.

- Type: Investment
- Announced: 2023-09-19
- Where: Baoji, China, China
- Value: $50.0M (361.0M CNY)
- Status: announced
- Products: high-end CNC machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Qinchuan Machine Tool Group Co., Ltd.](https://endata.com/companies/14943.md)
- [Baoji Machine Tool Group](https://endata.com/companies/72701.md) (partner)

## Sources

- [stcn.com](https://www.stcn.com/article/detail/984343.html), 2023-09-19: "公司控股子公司拟投资建设“宝鸡机床集团高档数控机床工业园（一期）项目”，项目总投资3.61亿元。"

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