Shenyang Machine Tool: plans to increase capital by 250 million yuan for its wholly-owned subsidiary.

Shenyang Machine Tool announced on the evening of June 3 that, in order to enhance the sustainable development capabilities of its wholly-owned subsidiary Shenyang Machine Tool Yingfeng Foundry Co., Ltd., the company plans to increase capital by 250 million yuan as the sole shareholder to Yingfeng Foundry.