--- title: "SHEN MACHINE: The transfer of the subject assets for the issuance of shares to purchase assets and raise supporting funds, as well as related party transactions, has been completed" type: "News" locale: "en" url: "https://longbridge.com/en/news/243697608.md" description: "Shenyang Machine Tool announced that the company will acquire 100% equity of Shenyang Zhongjie Aerospace Machine Tool Co., Ltd. and Shenyang Machine Tool Zhongjie Friendship Factory Co., Ltd. held by General Technology Group, as well as 78.45% equity of Tianjin Tianduan Press Co., Ltd. As of the announcement date, the transfer procedures for the target assets have been completed, making Zhongjie Aerospace and Zhongjie Factory wholly-owned subsidiaries, while Tianjin Tianduan becomes a holding subsidiary. The company needs to issue shares to the counterparty to pay the transaction price and complete the fundraising within the approval period" datetime: "2025-06-09T11:30:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/243697608.md) - [en](https://longbridge.com/en/news/243697608.md) - [zh-HK](https://longbridge.com/zh-HK/news/243697608.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/243697608.md) | [繁體中文](https://longbridge.com/zh-HK/news/243697608.md) # SHEN MACHINE: The transfer of the subject assets for the issuance of shares to purchase assets and raise supporting funds, as well as related party transactions, has been completed SHEN MACHINE announced that the company plans to acquire 100% equity of Shenyang Zhongjie Aerospace Machine Tool Co., Ltd. and 100% equity of Shenyang Machine Tool Zhongjie Friendship Factory Co., Ltd., held by General Technology Group Shenyang Machine Tool Co., Ltd., through the issuance of shares, as well as 78.45% equity of Tianjin Tianduan Press Co., Ltd., held by General Technology Group Machine Tool Co., Ltd., and raise matching funds. As of the date of this announcement, the transfer procedures and related business change registrations and filings for the target assets of this restructuring have been completed. Zhongjie Aerospace and Zhongjie Factory have become wholly-owned subsidiaries of the company, and Tianjin Tianduan has become a holding subsidiary of the company. The company still needs to issue shares to the counterparty to pay the transaction price and complete the issuance of shares to raise matching funds within the approved timeframe ### Related Stocks - [SHEN MACHINE (000410.CN)](https://longbridge.com/en/quote/000410.CN.md) ## Related News & Research - [Lenovo Unveils Adaptive Ai Pcs, Modular Concepts, and Lenovo Qira Rollout At Mwc 2026](https://longbridge.com/en/news/277485066.md) - [Sirens sound at UK's Akrotiri airbase on Cyprus, Cypriot state TV says](https://longbridge.com/en/news/277446042.md) - [08:18 ETUrban Remedy Expands Best-Selling Protein Collagen Meal Shake Line](https://longbridge.com/en/news/277628713.md) - [Honor says its ‘Robot phone’ with moving camera can dance to music](https://longbridge.com/en/news/277361756.md) - [Solar Experts Costa Rica Launches to Provide Solar System Installation on Peninsula Papagayo](https://longbridge.com/en/news/277504153.md)