The company plans to invest in the construction of a hard material tool industrialization project, with the implementing entity being the subsidiary Sinomach Diamond (Henan) Co., Ltd., in which the company holds a 67% stake. The total investment for the project is 73.6 million yuan, and the construction period is approximately 12 months.
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国机精工：拟投资7360万元建设超硬材料刀具产业化项目
Sinomach Precision Industry Group intends to invest 73.6 million yuan to construct a hard material tool industrialization project.
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