Kunming Machine Tool

Kunming Machine Tool is identified in the supplied material as a commercial entity associated with machine tools. The available evidence does not establish its founding history, ownership, headquarters, product range, customer segments, or current operating status. Its supplied website is https://shenjikm.com, but no page content or further company details were provided for this dossier.

The supplied evidence is insufficient to establish a reliable corporate history for Kunming Machine Tool. It identifies the subject with the term “机床” (machine tools), but provides no founding date, historical milestones, ownership changes, or information about its development. The name and supplied website identify the subject for this dossier, but no website content was included as evidence. Accordingly, specific historical claims and dated events are omitted.

• Machine tools

  The supplied evidence associates the subject with the machine-tool category; it does not identify specific models or product lines.

• 2018

  Kunming Machine Tool fined for inflating revenue by about RMB 483 million

  The CSRC found that from 2013 to 2015 Kunming Machine Tool inflated revenue by about RMB 483 million through cross-period recognition, fictitious transactions and raising contract prices, and also understated employee benefits and remuneration. The company was ordered to correct, warned and fined RMB 600,000, and relevant responsible persons were punished separately. Status: CSRC administrative penalty decision. Entity involved: Shenji Group Kunming Machine Tool Co., Ltd.

  Source

• 2018

  Financial fraud: RMB 483 million in inflated revenue

  From 2013 to 2015, Kunming Machine Tool inflated revenue by RMB 483 million through fictitious contracts and early revenue recognition. The CSRC fined it RMB 600,000; Chairman Wang Xing was banned from the market for life, and the general manager and CFO were banned for five years; the company was later delisted.

  Source

Read more

1. 1Kunming Machine Tool official websiteshenjikm.com
2. 2Kunming Machine Tool fined for inflating revenue by about RMB 483 millioncsrc.gov.cn
3. 3Financial fraud: RMB 483 million in inflated revenuecsrc.gov.cn