In 1995, with Dalian Machine Tool Factory as the core, Dalian Machine Tool Group was formed by merging the main state-owned machine tool enterprises in the Dalian area. Since 2002, the company has acquired three old foreign machine tool companies, including Ingersoll Production Systems, Crankshaft and Zimmermann, and has set up eight joint ventures with the United States, Germany, Japan, Switzerland and Korea. Under the support of the national policy of revitalizing the old industrial base in the northeast, combined with the relocation and transformation of enterprises, the modernized "two bases" (both CNC machine tool production base and CNC functional parts production base) were built in ShuangD port and Wafangdian, making the comprehensive production and manufacturing scale of CNC machine tools and functional parts in the forefront of the country, becoming China's CNC machine tools, flexible manufacturing systems and automation technology. In April 2019, China General Technology Group strategically reorganized Dalian Machine Tool Group and established Dalian Machine Tool Co.

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