Shenji Group Kunming Machine Tool Company Limited is principally engaged in processing and distribution of machine tool products, as well as distribution, installation and provision of technology services of energy-efficient compressors. The Company's major products include floor type boring and milling machines, turning tilting tables, horizontal boring machines, jig boring machines and processing centers, among others. As of December 31, 2010, the Company had seven subsidiaries/affiliates, which involved in manufacture and distribution of energy-efficient rotors and compressors, rapid prototyping processing systems, intelligent color display computer embroidery machines, as well as machine tool products and accessories.

Shenji Group Kunming Machine Tool Company Limited is a famous and key enterprises for manufacturing large precision machine tools in China. The predecessor of the company was the Central Machine Works established in 1936. Later renamed as Kunming Machine Tool Plant in 1953. On Oct.19.1993,Kunming Machine Tool Co.,Ltd. was designated as one of the first nine pilot enterprises and became the first and sole company in China’s machine tool industry with A&H shares successfully listed in HongKong and Shanghai respectively . In 2000, we conducted a strategic assets restructuring with Xian Jiaotong University Industrial (Group) Incorporation, and have got the current name since the 29th March 2002. On 1st December 2006, Shenyang Machine Tool (Group) Company Limited became the first large stockholder of the company. The name of Company was renamed Shenyang Group Kunming Machine Tool Co., Ltd on 24th October 2007.　
　　On 25tth January 2007, the Ministry of Commerce approved the nontradable share reform of the Company. After implementation of the proposal, the total number of shares was increased from 245,007,400 shares to 283,243,255 shares. In April 2007, two shareholders of the Company, Shenyang Machine Tool (Group) Co., Ltd and Yunnan State-owned Assets Operation Co., Ltd jointly proposed the share increase proposal by conversion of capital reserve. The proposal was approved by the Ministry of Commerce. Then, it’s 424,864,883 shares in total; 25.08% of which, 106,578,219 are the first large shareholders (possessed by Shenyang Machine Tool (group) Company Limited); 11.07% of which, 47,018,300 are the second shareholders (possessed by Yunnan State-owned Assets Operation Company Limited); about 140,000,000 (33%) are Shanghai listed shares and about 112,000,000 (26.53%) are HongKong listed H shares.
　　The nontradable share reform, which has been proposed in 2006, was approved to conduct by State Assets Supervision and Administration Committee of State Council in July 2009. The share of Kunming Jinghua Company became tradable and listed. Change in share capital: of the total number of 424,864,883 shares, 106,578,219 shares was for Shenyang Machine Tool (Group) Co., Ltd, 47,018,331 shares for Yunnan State-owned Assets Operation Co., Ltd and 158, 552,483 shares for public A shares.
　　According to the written reply , which issued by the State-owned Assets Supervision and Administration Commission of the State Council on 22 October 2009, 47,018,331 A Shares (representing 11.07% total issued share capital of the Company) held by Yunnan State-owned Assets Operation Company Limited will be transferred to Yunnan Industrial Investment Holding Group Company Limited at nil consideration, who will perform the functions as investor with regard to state-owned assets.
　　Since July 2010, the Commerce Department has approved the share increase proposal by conversion of capital reserve. After implementation of the proposal, the total number of shares was increased to 531,081,103 shares and the registered capital was increased to RMB531,081,103. 25.08% of which, 133,222,774 are the first large shareholders (possessed by Shenyang Machine Tool (group) Company Limited); 11.07% of which, 58,772,913 are the second shareholders (possessed by Yunnan State-owned Assets Operation Company Limited); 37.32% of which, 198,190,604 A shares; 26.53% of which, 140,894,812 H shares.
　　 Now the Company occupies an area of 264,000㎡ and employs 2,636 people that is composed of 1,732 production workers 377 skilled technicians 59 sales and marketing 46 finances and 141 administrations. The Company owns 1,200 machine equipments and has 2 billion total assets.
　　 In 2009, the Company recorded a turnover of RMB 1,372,197,000 and net profit of RMB 215,848,000, respectively as compared with the turnover of RMB 1,563,105,000 and net profit of RMB 276,565,000 in the same period last year, representing a decrease of RMB 190,908,000 and RMB 60,717,000 respectively. The Company recorded the sales of machine tool products of RMB 1,117,621,000.
　　 The Company is engaged principally in the design, development, production and sale of machine tools, precision measuring equipment and precision transducers and technicality services. The main products include floor-type boring and milling machines, gantry-type boring and milling machines, planer-type boring and milling machines, horizontal boring machines, jig boring machines, machining centers, precision rotary tables.
　　 Since its establishment, the company has developed more than 200 new products, 148 of them are the first one of its kind. We have won 88 awards for the achievements in scientific research from the State and provincial government, 18 awards for the quality of its products, including two gold and three silver medals in quality competitions. The products with “KJ” brand are well known products in P. R. China. As one of the top hundred “good quality” enterprises, we will do our utmost to create a company with modern management, diversified products and best economic return. Most of the above products have been in a leading level of the country . The main products are widely appreciated by the customers. These machine have been preferred and enjoyed greatly by the machinery , aerospace and aviation as well as automobile industries.
　　 During the 2008 annual reporting period, the Company realized an operating income of RMB1,563,105,000 and net profits of RMB276,565,000, representing an increase of RMB260,720,000 and RMB33,607,000respectively as compared to RMB1,302,386,000 and RMB242,958,000 over the previous year. In particular, the realized revenue and net profits from machine tool business amounted to RMB1,302,130,000 and RMB281,868,000 respectively, representing an increase of 26.18% and 23.98% over the previous year; the realized revenue from non-machine tool business fell by RMB28,251,000 over the previous year to RMB252,942,000, whereas the net profits grew to RMB11,225,000 over the previous year.