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Jinan Second Machine Tool invested 670 million yuan to establish Jinan Mother Machine, with Chairman Ren Liwei serving as the "top leader"

On August 1st, Jinan Industrial Mother Machine Industrial Park Co., Ltd. (referred to as "Jinan Mother Machine") was officially established. The reporter from Mount Taishan Finance and Economics noticed that the company's registered capital was 1 billion yuan, and Ren Liwei, the chairman of Jinan No.2 Machine Tool Co., Ltd., and Lu Qingliang, the general manager were the first and second leaders. Previously, the industrial mother machine industrial park project was included in the 2025 key reform and development task list by Jinan Second Machine Tool. The project was constructed in two phases, and the first phase of the park's factory level and workshop level process planning has been completed.

According to business information, the registered address of Jinan Mother Machine is located in Sungeng Street, Jinan Qidian District. It is owned by Jinan Second Machine Tool Group Co., Ltd. (referred to as "Jinan Second Machine Tool") and Jinan Quehua Science and Technology Innovation Investment Co., Ltd. (referred to as "Quehua Science and Technology Innovation"), with 67% and 33% respectively.

Jinan Second Machine Tool was founded in 1937 and is a key backbone enterprise in the domestic machine tool industry. Its leading products include forging equipment, metal cutting machines, automation equipment, casting machinery, CNC cutting equipment, etc. In June of this year, the major shareholder of the group changed from Jinan State owned Assets Supervision and Administration Commission to Jinan Industrial Investment Holding Co., Ltd.

Quehua Science and Technology Innovation was established in September 2024 with a registered capital of 5 billion yuan. It is wholly controlled by Jinan Xianxian Investment Group Co., Ltd., and the actual controller is the Jinan Municipal People's Government. As an important industrial investment platform in the starting area of Jinan City, in addition to the Industrial Mother Machine Industrial Park, Quehua Sci Tech Innovation also invests in Shandong Aixu Solar Energy Technology Co., Ltd. and Xinyue Zhiquan Private Equity Investment (Jinan) Partnership Enterprise (Limited Partnership).

The reporter noticed that in the first half of this year, the State owned Assets Supervision and Administration Commission of Jinan City released a list of key reform and development tasks for Jinan Second Machine Tool. In terms of strengthening investment and financing management, Jinan Second Machine Tool mentioned the implementation of the industrial mother machine industrial park project to support the development of the city's high-end equipment manufacturing industry.

Specifically, Jinan Second Machine Tool will promote the construction work according to the "one park, two zones" planning concept, and build the industrial mother machine industrial park project in two phases. It is expected to complete the project registration before the end of September. Obtain land and implement the first phase of project construction.

At the Huaiyin District special press conference of the "Deepening the Implementation of the Industrial Strong City Development Strategy" themed series held on July 10th, Wang Chuanying, Assistant General Manager of Jinan Second Machine Tool, introduced that as the main enterprise of the industrial mother machine industry chain, Jinan Second Machine Tool will use the upgrading of the industrial chain level to drive the upgrading of the city's industrial economy. At present, Jinan Second Machine Tool is promoting three key projects: Future Science and Technology Innovation Center, D6 Lighthouse Factory, and Industrial Mother Machine Industrial Park.

Among them, the industrial mother machine industrial park project has completed the first phase of factory level and workshop level process planning, deployed industrial automation, machine tool accessories, and diversified new products of enterprises, synchronously introduced upstream and downstream enterprises in the industrial chain, built an industrial mother machine chain development ecology, created a high-end manufacturing base for industrial mother machines, and cultivated it as a new growth pole for high-quality development of enterprises.

Source: Mount Taishan Finance

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