Shenyang Machine Tool Co., Ltd. (hereinafter referred to as “the company”) was jointly initiated by Shenyang No. 1 Machine Tool Plant, China-Czech Friendship Plant and Liaoning Precision Instrument Plant. It was established in May 1993 and was approved by Shenyang Economic System Reform Commission. The establishment of a joint-stock enterprise approved by the System Reform Document No. 199231. In July 1996, with the approval of the China Securities Regulatory Commission, China Securities Regulatory Commission, China Securities Regulatory Commission, issued a public offering of RMB 54 million of ordinary shares of RMB 54 million, the total share capital of the company after the issue was RMB 215,823,518, and the company was listed on the Shenzhen Stock Exchange. The company is a subsidiary of Shenyang Machine Tool (Group) Co., Ltd.
Shenyang No. 1 Machine Tool Plant was founded in 1935. For more than 60 years, after continuous technological transformation and technological innovation, it has become the largest comprehensive machine tool manufacturer in China and a national-level CNC machine tool development and manufacturing base. Since the factory was put into operation, it has provided nearly 300,000 metal cutting equipment for domestic and foreign manufacturing industries, and is known for its excellent quality.
In 1997, in the “Ninth Five-Year Key Scientific and Technological Tackling” CNC machine tool industrialization project bid, the factory took the lead and won the bid in one fell swoop, becoming a national-level key CNC machine tool production base. In the same year, the CAK series CNC machine tools produced by the factory were awarded by the state. The Ministry of Machinery Industry was rated as a brand-name product in the machinery industry. The factory has now completed the transition from ordinary lathes as the leading products to CNC lathes. The output value of CNC products accounts for more than 60% of the total annual output value.
Since 2000, the economic scale of the enterprise has achieved rapid growth for seven consecutive years. Sales revenue increased by 11 times, and machine tool output increased by 11 times. Medium and high-end CNC machine tools have entered the core manufacturing field of national key industries in batches. CNC machine tools provided for the automotive, defense and military industries, aerospace and other industries account for more than 70% of the total sales of CNC machine tools; the company has the ability to provide complete sets of technical equipment for national key projects The ability to provide four track beam processing production lines for the Shanghai Maglev Train Project indicates that Shenyang Machine Tool’s R&D and manufacturing capabilities in this field have reached the international advanced level; for Chery Automobile, it has successfully provided four engine block and cylinder head production lines, marking the domestic high-end CNC machine tools entered the core manufacturing field of auto parts in batches for the first time, thus ending the monopoly of foreign manufacturers in this field.
Since 2010, Shenyang Machine Tool Co., Ltd. has insisted on adopting new technologies and new materials to improve product quality. Its CNC tool holder branch company successfully replaced the ZQSn6-6-3 copper alloy with the special material of microcrystalline alloy LZA4205 worm gear, which further improved the quality of the CNC tool holder products of Shenyang Machine Tool, and at the same time, the cost was controlled and greatly improved. Improved the product competitiveness of Shenyang Machine Tool.
At present, Shenyang CNC Machine Tool Industrial Park has completed the relocation and has achieved professional reorganization. There are currently nine complete machine enterprises, namely: Shenyang No. 1 Machine Tool Plant, Zhongjie Machine Tool Co., Ltd., Shenyi Lathe Factory, Zhongjie Drilling and Boring Machine Factory, Shenyixisi CNC Machine Tool Division, Zhongjie Vertical Machining Center Division, Complete Equipment Co., Ltd., Laser Technology Division, Fidia CNC Machine Tool Co., Ltd. Through specialized reorganization, business process reengineering, and comprehensive information construction, Shenyang CNC Machine Tool Industrial Park will eventually become a modern and world’s largest (single) CNC machine tool manufacturing base.