October 21, 2016 10:18 AM ET


Company Overview of Dalian Machine Tool Group Corporation

Company Overview

Dalian Machine Tool Group Corporation manufactures machine tools and components. It offers special purpose machines with flexible manufacturing systems; vertical and horizontal machining centers; CNC lathes, including turning and milling centers; high speed precision lathes and machine tool accessories; auto power assembly; turret milling machines; and power transmission components. The company also manufactures microelectronics and auto parts. In addition, Dalian Machine Tool Group Corporation offers manufacturing and foreign trade services. The company serves automotive, wind power, oil drilling, rail transportation, engineering machinery, and other industries. Dalian Machine Tool Group Co...

100 Liaohe east Road

DD Port Developing Zone

Dalian,  116022


Founded in 1948


86 411 8758 2182


86 411 875 81586

Key Executives for Dalian Machine Tool Group Corporation

Compensation as of Fiscal Year 2016.

Dalian Machine Tool Group Corporation Key Developments

Dalian Machine Tool Group to Build Eastern China Base in Suzhou

Dalian Machine Tool Group reached a strategic partnership agreement with the Suzhou municipal government on April 6, 2016, which showed that the company would build its eastern China base with an investment of CNY 4.5 billion in Zhangjiagang. The Phase 1, with an investment of roughly CNY 1.5 billion, will build machine tool manufacturing, remanufacturing and incubation bases.

Dalian Machine Tool Group, China Poly Group and Russian Machine Tool Firm to Establish JV in Russia

Dalian Machine Tool Group, China Poly Group and a Russian machine tool firm signed an agreement in Dalian over establishing a digital-control machine tool firm in Russia. Implementation of the agreement will help boost go global of China's high-end equipment manufacturing. The JV will focus on producing modernized digital-control machine tools developed by Dalian Machine Tools, which will be mainly sold in Russia and other CIS nations. Phase-I investment is USD 300 million, of which 50% will be injected by the Russian firm and the rest will be jointly invested by the two Chinese firms. Upon completion, the annual sales revenue is expected to hit USD 500 million.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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