Shanghai Electric Machine Tool Group was established

"China Machine Tool" reported on May 18, Shanghai Electric Machine Tool Group held an inaugural meeting. Wang Chengming, Party Secretary and Chairman of Shanghai Electric (Group) Corporation, and Wang Qiang, Deputy Secretary of Shanghai Electric Group Co., Ltd. attended the meeting and unveiled the machine tool group.
The adjustment and integration of the Shanghai electrical machine tool industry is the largest in scale and strength in the past 20 years. It is the requirement of Shanghai Electric Group Co., Ltd. and Shanghai Electric Asset Management Co., Ltd. according to the requirements of the state for revitalizing the equipment manufacturing industry, based on the competition situation of the domestic and international machine tool market. And characteristics, focusing on the actual development of the Shanghai machine tool industry, using an industry restructuring by means of divestiture, mergers and acquisitions, integration, etc., is also a strategy to revitalize the Shanghai machine tool industry and cultivate it into a leading domestic and internationally competitive industrial group. Initiative.
The newly formed Shanghai Electric Machine Tool Group consists of Shanghai Machine Tool Works Co., Ltd. and Shanghai Mingjing Machine Tool Co., Ltd. (including Shanghai Heavy Machine Tool Plant, Shanghai No. 3 Machine Tool Plant, Shanghai Instrument Machine Tool Plant), and two overseas companies acquired by Warren, Germany. It is composed of WOHLENBERG Machinery Manufacturing Co., Ltd. and Japan Co., Ltd. Different from previous reorganizations, the integrated Shanghai Machine Tool Group will build a modern industrial manufacturing base in Lingang by vigorously adjusting its structure, management innovation, gathering technology and brand at home and abroad, and building on the overall strength of Shanghai Electric. Amplifying the effect, and through three to five years of efforts, to obtain the competitive advantage of high-end gold cutting machine tools, the formation of national famous brands, and promote the overall progress and development of the Shanghai machine tool industry.
At the inaugural meeting of the Electrical Machine Tool Group, Chen Daxiong, President of the Group, and Wang Chengming, Chairman of the Party Committee and Chairman of Shanghai Electric (Group) Corporation, delivered speeches. It is pointed out that the adjustment and combination of Shanghai's electrical machine tool industry is a major change in the system, mechanism and management. Its status, role and significance have far exceeded the group itself. To revitalize the Shanghai machine tool industry, to narrow the gap with domestic and foreign counterparts, there should be advanced thinking, advanced goals, and advanced actions. In some product areas, we must take the high-end and take the road of CNC development. Products must go abroad and adapt to international competition. The national "Eleventh Five-Year Plan", Shanghai Electric's "Eleventh Five-Year Plan", and governments at all levels attach great importance to the revitalization of the machine tool industry. The National Science and Technology Conference puts forward the road of independent innovation and the strategic thinking of building an innovative country. These have created opportunities for the development of our state-owned enterprises. We must firmly grasp this once-in-a-lifetime opportunity, guided by the scientific concept of development, and implement the development strategy of the machine tool industry with breakthrough ideas and masterpieces, and strive to create an elite team of machine tool industry in development. Through three to five years of hard work, Shanghai Electric Machine Tool Group will be built into a modern industrial group that meets the requirements of national development.

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