1. （QCMT&T）Qinchuan Machine Tool's Annual Investment Plan Approved

- Date: January 24, 2025

- Content: The board of directors of Qinchuan Machine Tool (000837.SZ) approved its 2025 annual investment plan, with a total investment of 456 million yuan. This includes 9 fixed asset investment projects (such as the High-End  Machine Tool Innovation Base and R&D of Rolling Functional Components for New Energy Vehicles) and 7 equity investment projects, aiming to enhance core competitiveness and address production bottlenecks.


2. （CMTBA）China Machine Tool Industry Association Releases Cutting Tool Import and Export Data

- Date: January 24, 2025

- Content: The association released 2024 cutting tool import and export data, showing an export value of 25.653 billion yuan (up 9.8% year-on-year) and an import value of 8.525 billion yuan (down 2.66% year-on-year), with exports being 3.01 times imports.  Exports of drill bits, milling tools, and superhard material cutting tools significant growth. Imported cutting tools generally have higher unit prices than exported ones; for example, the import price of coated  cutting taps  is 2.92 times the export price, and the import price of taps is 8.44 times the export price.

3. Sinomach Precision Industry's Special Shareholders' Meeting Approves Multiple Resolutions

- Date: January 2, 2025

- Content:  Sinomach Precision Industry  held its first special shareholders' meeting, which approved multiple resolutions including the fundraising usage plan, drawing market attention to strategic adjustments and capital utilization of machine tool industry chain enterprises.