Kunming Machine Tool

Founded in 1936, it is a supplier of large precision machine tools, mainly engaged in R & D, design, production and sales of horizontal, large CNC floor type, gantry type boring and milling machines.

Kunming Machine Tool Co., Ltd. of Shenji group was formerly the central machine factory which was established in 1936;

In 1953, it was renamed Kunming Machine Tool Factory;

Kunming Machine Tool Co., Ltd. was officially registered on October 19, 1993, which is a company listed both at home and abroad;

In 2000, we carried out strategic asset restructuring with Xi’an Jiaotong University industry (Group) Corporation;

On March 29, 2002, it was renamed Jiaoda Kunji Technology Co., Ltd;

On September 15, 2005, Xi’an Jiaotong University industry (Group) Corporation, the largest shareholder of the company, signed the equity transfer agreement with Shenyang Machine Tool (Group) Co., Ltd., and Shenyang Machine Tool (Group) Co., Ltd. accepted all the shares held by Xi’an Jiaotong University industry (Group) Corporation and became the largest shareholder of the company;

On October 24, 2007, it was announced that it was renamed as Shen Group Kunming Machine Tool Co., Ltd.

On January 25, 2007, the Ministry of Commerce approved the company’s reform plan of non tradable shares.

After the implementation of the above plan, the total share capital of the company was changed from 245007400 shares to 283243255 shares.

In April 2007, the company’s shareholders Shenyang Machine Tool (Group) Co., Ltd. and Yunnan state owned Assets Management Co., Ltd. jointly proposed the plan of converting the company’s capital reserve into equity, which was implemented after being approved by the commercial department.

Since then, the total share capital of the company has been changed to 424864883 shares, with a registered capital of 424864883 yuan, among which: Shenyang machine tool holds 106578219 shares, accounting for 25.08% of the total share capital of the company; Yunnan state owned Assets Management Co., Ltd. has 47018331 shares, accounting for 11.07% of the total share capital of the company; and 26414 of the Kunming elite company. 550 shares, accounting for 6.22% of the company’s total share capital; 132137933 shares are held by A-share social public shares, accounting for 31.10% of the company’s total share capital; 112715850 shares are held by H-share social public shares, accounting for 26.53% of the company’s total share capital.

In July 2009, the State Council SASAC approved the implementation of the split share structure reform plan in 2006, and the essence of the Kunming elite company turned into tradable shares.

The share capital structure of the company has changed into: 424864883 ordinary shares, of which Shenyang Machine Tool (Group) Co., Ltd. holds 106578219 shares; Yunnan state owned Assets Management Co., Ltd. holds 47018331 shares; the domestic shares held by the public are 158552483 shares.

In October 2009, according to the approval document of the state owned assets supervision and Administration Commission of the State Council, the 470183331 shares of the company held by Yunnan state owned Assets Management Co., Ltd., the second largest shareholder of the company, were transferred to Yunnan Industrial Investment Holding Group Co., Ltd., which was responsible for the performance of the functions of state owned assets investor.

In July 2010, the Department of Commerce approved the company’s capital accumulation fund conversion plan.

After the implementation of the above plan, the total share capital of the company was changed to 531081103 shares, and the registered capital was changed to 531081103 yuan, of which Shenyang Machine Tool (Group) Co., Ltd. held 133222774 shares, accounting for 25.08% of the total share capital of the company; Yunnan Industrial Investment Holding Group Co., Ltd. held 58772 shares, accounting for 25.08% of the total share capital of the company, 913 shares, accounting for 11.07% of the company’s total share capital; A-share social public shares hold 198190604 shares, accounting for 37.32% of the company’s total share capital; H-share social public shares hold 140894812 shares, accounting for 26.53% of the company’s total share capital.

The company’s main business is R & D, design, manufacturing and sales of horizontal boring machine, large CNC floor type boring and milling machine, gantry type boring and milling machine, planer type boring and milling machine, coordinate boring machine, horizontal boring and milling machining center, precision rotary table and other products. Leading products occupy more than 30% of the national market.

The company has developed more than 200 new products.

During the 12th Five Year Plan period, the company will continue to adhere to the development direction of “large-scale, precision, composite, complete set” machine tool products, carry forward the tradition of precision manufacturing of Kunming Machinery in accordance with the guiding ideology of “carrying forward tradition, maintaining characteristics, adjusting transformation, becoming stronger and bigger”, and the working principle of “technological innovation as the core, adjusting transformation as the main line, and paying equal attention to both scale and efficiency”.

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