Shenyang Machine Tool Co. Ltd is a China-based company engaged in manufacture and sale of metal processing machine tools. The Company's principal products are computer numerical control (CNC) machine tools, ordinary lathe products, boring machines and drilling machines, as well as relevant spare parts, among others. The Company�s products are applied in the automobile industry, wind energy industry, aviation industry, coal mine machinery industry, shipbuilding industry, electronics industry, rail transport and engineering machinery. It also provides machine tool repair services. The Company distributes its products in domestic and overseas markets. On September 25, 2013, the Company acquired remaining a 9.58% stake in Shenyang Numerical Control Machine Tool Co Ltd, a 12% in Zhongjie Machine Tool Co Ltd and a 9.64% in Shenyang Machine Tool Import & Export Co Ltd. As a result, it held 100% stake in the three target companies, respectively.