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Company Profile

Founded over 40 years ago, focusing on the core components of mechanical driveline

Zhejiang Shuanghuan Driveline Co., Ltd. (Stock Code: 002472) is a leading global manufacturer of gear components, dedicated to " driving the transition in the gear industry " and providing high-speed, low-noise, safe, and sustainable products for global mechanical transmission systems.

Shuanghuan Driveline was founded in 1980 and publicly listed on the Shenzhen Stock Exchange in September 2010. For more than 40 years, the company has been focusing on the R&D, manufacturing, and sales of gears and their components, which are the core components of mechanical transmission, a leading global manufacturer in the gear component industry.

Shuanghuan Driveline's management headquarters is located in Hangzhou, Zhejiang Province. lt has over a dozen subsidiaries in 3 countries and 11 cities, including Zhejiang Shuanghuan Driveline Co., Ltd, Jiangsu Shuanghuan Gear Co., Ltd, Shuanghuan Gear (Jiaxing) Precision Manufacturing Co., Ltd, Shuanghuan Driveline(Chongqing)Precision Technology Co.,Ltd, Zhejiang Fine Motion Robot Joint Technology Co., Ltd, Zhejiang Fine Intelligent Technology Co., Ltd, Zhejiang Fundrive Technology Co., Ltd, Huanyan DriveTech(Jiaxing) Research Institute Co., Ltd, Jiangsu Huanou Intelligent Transmission Equipment Co., Ltd, Zhejiang Huanyi Technology Co., Ltd and Evoring Precision Manufacturing Kft.

Shuanghuan's products include gears for new energy and fuel vehicles, commercial vehicles, rail transit, off-road machinery, industrial robot reducers, wind turbines, and gears and components for the livelihood sector, covering various fields such as clothing, food, housing, transportation, labor, energy, and smart living. Shuanghuan has become a supplier for renowned enterprises in various industries including Toyota, Volkswagen, ZF, Caterpillar, BYD, BorgWarner, GAC, NlO and more. Sales to Fortune Global 500customers account for over 50% of total revenue.

40 +

Founded in 1980

USD 1.4 B+

Production Capacity

10 +

Global Subsidiaries

7000 +

Employees

440

Patents

National/Industry Standards

History

Origin (1980-1999)

In the spring of 1980, relying on the only 3000 yuan fund at that time, five instrument lathes and the team of migrant workers, Mr. Shanqun Ye, the former chairman of the company, opened up the first foundation of the "SHUANHUAN" under the guidance of the core value concept of "Better every time, always". The spirit of hard work and exploration of the older generation of "Shuanghuan" has become a valuable asset of the company, which was inherited and carried forward by the later Shuanghuan people.

Inheritance (2000-2004)

In 2000, Mr. Changhong Wu, the second generation leader of the company, took role in the General Manager of the company and put forward the "SHUANGHUAN upgrading strategy" for products and customers, introducing first-class equipment, recruiting industry talents and distributing the international market. The company has further interpreted the connotation and extension of "Better every time, always". With continuous improvement as the main line of development, each operation link has been improved orderly and step by step, laying a solid foundation for the company's subsequent development.

Endeavor (2005-2009)

In 2005, the company established the strategic vision of "Drive the transition in the gear industry to be the global leader in precision drivelines". It took the lead in introducing the lean production management mode (TPS) in the industry, hired Japanese experts for on-site guidance, cooperated with UFIDA to comprehensively promote enterprise information management, and began to implement and complete the company's shareholding system transformation. The implementation of a series of strategic measures has pushed the company into the fast lane of development.

Take off (2010-2019)

In September, 2010, with the sound of a bell in Shenzhen Stock Exchange, the company was officially listed in A capital market. This is not only a proof of the company's 30-year development achievements, but also provides a strong driving force for the company to take off. The company has used the raised funds to improve its R &D capability, equipment capability and human resource on a large scale. Its comprehensive strength has been rapidly improved, and its customer structure has been continuously optimized. It has become a global leader in the manufacturing of gears.

Integration (2022 future)

Nowadays, under the tide of global economic integration, internationalization has become the next development goal of the company. Mr.Changhong Wu, chairman of the board of directors of the company, defined four characteristics of enterprise internationalization, as internationalization of thinking, internationalization of marketing, internationalization of manufacturing and internationalization of talents. At present, the company is actively deploying and promoting along these four internationalization. We believe that in the near future, we will be the global strong manufacturing enterprise with the brand of "Shuanghuan" !

1980-1999

2000-2004

2005-2009

2010-2019

2022-future

Location/ Facilities

Headquarter