COMPANY PROFILE

QINCHUAN MACHINE TOOL & TOOL GROUP CORP. (stock code: 000837) has under its umbrella a number of enterprises including Baoji Machine Tool, Hanjiang Machine Tool, Hanjiang Tool, Valker Gear, Qinchuan Grinding Machine, Qinchuan Baoji instrument, Precision Equipment, High-Precision Transmission and Intelligent Machine Tool. As a leading key enterprise in China’s machine tool and tool industry, the Company is a research, development and manufacturing base for precision CNC machine tools and complex tools in China, as well as a research, development and manufacturing base for industrial robot reducers. It is a national high-tech enterprise and a pilot innovative enterprise, with national single champion products in manufacturing and several national-level specialized, sophisticated, new and unique "Little Giant" enterprises. The Company has built a national-level enterprise technology center, an academician and expert workstation, and a postdoctoral research station. It has successively won many honors such as the First Prize of National Science and Technology Progress Award, Second Prize of National Science and Technology Progress Award, China Industry Grand Award Commendation Award, and "Top 100 Enterprises in China’s Machinery Industry". The "QINCHUAN" trademark has been recognized as a China Well-Known Trademark.