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Shenyang Machine Tool (000410.SZ): Received RMB 1.2 million in government grants
Gelonghui, June 2 — Shenyang Machine Tool Co., Ltd. (SZSE: 000410) announced that recently, its wholly owned subsidiary, Shenyang Machine Tool Zhongjie Friendship Plant Co., Ltd., received in cash a government grant of RMB 1.2 million related to income, representing 12.51% of the company's net profit attributable to shareholders of the listed company as reported in its most recent audited financial statements. The grant is related to the company’s ordinary course of business and is non-recurring.
Shenyang Machine Tool (000410.SZ): Plans to jointly invest with related parties to establish a joint venture.
Gelonghui, May 14th: Shenyang Machine Tool (000410.SZ) announced that the company plans to jointly invest with General Technology Group Dalian Machine Tool Co., Ltd. (hereinafter referred to as "Dalian Machine Tool") to establish Liaoning Yipu Precision Machine Tool Components Co., Ltd. (the final name is subject to industrial and commercial registration, hereinafter referred to as the "joint venture"), and intends to sign the "Capital Contribution Agreement." The joint venture's registered capital is planned to be RMB 250 million, all in cash. Among this: Shenyang Machine Tool will contribute RMB 175 million, accounting for 70%; Dalian Machine Tool will contribute RMB 75 million, accounting for 30%. The above contributions are from each party.
Shenyang Machine Tool reported revenue of 3.738 billion yuan in 2025, a slight increase of 0.98%, while its non-recurring net loss narrowed by 48.69% to 114 million yuan.
The company's revenue for 2025 increased slightly by 0.98% year-over-year to RMB 3.738 billion, with the gross margin improving by 1.84 percentage points to 14.37%, reflecting the effectiveness of core business optimization and cost control measures. However, net profit attributable to shareholders turned to a loss of RMB 9.5905 million, primarily due to the impact of non-recurring gains and losses. Excluding non-recurring items, the net loss narrowed by 48.69% to RMB 114 million. Operating cash flow surged by 165.17% to RMB 497 million, indicating improved collections, although profitability quality has yet to see fundamental improvement.
Shenyang Machine Tool: First Quarter Report for 2026
Shenyang Machine Tool: 2025 Annual Report
Shenyang Machine Tool: Summary of the 2025 Annual Report