Date: 2013-07-31

Shenyang Machine Tool Group Ranks No.9 Worldwide in Output Value

Shenyang Machine Tool Group Ranks No.9 Worldwide in Output Value

Shenyang Machine Tool (Group) Co Ltd (SMTCL), exceeded RMB10.5 billion in output value last year, putting the largest machine tool
manufacturer in China in the ninth position among all players in the industry worldwide.

The group's sales overseas amounted to US$150 million in 2007.

Of the machine tools that SMTCL exported in 2007, CNC machine tools accounted for 60% of the total.

Major destinations were Europe and the US.

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