Recombining the assets of former three big machine tool manufacturers and one CNC system manufacturer in Shenyang, Shenyang Machine Tool (Group) Co. Ltd. was founded in December, 1995, with total assets 13.5 billion yuan and employees over 15,000. As the biggest metal cutting machine manufacturer in China, its machine tool production in 2007 broke through 86,000, sales volume 10.1 billion (i.e. 1.33 billion U.S.D. per average exchange rate), and place in the world machine tool industry rises to the 8th from the 9th in 2006.
The major production bases of Shenyang Machine Tool (Group) Co. Ltd. are located in Shenyang, Kunming of China and Aschersleben of Germany. The products mainly developed fall into four categories-CNC machine, large equipment, complete production line and core function component, over 300 varieties and thousands of specifications in total. Markets of China, together with over 80 overseas countries and areas, are occupied.
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CN-110000 Shenyang (Liaoning)