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mechb2bIndustry News16th anniversary of listing | Deeply cultivating transmission, refining and strengthening, expanding the track of stars and the sea
Time engraves struggle, and gears rotate the original intention. On September 10, 2010, Shuanghuan Transmission was listed on the Shenzhen Stock Exchange. After sixteen years of listing, accompanied by the capital market, we have witnessed a precision transmission manufacturing enterprise's journey from deepening its traditional automotive parts industry to breaking through the waves and upgrading towards new fields such as new energy, robotics, and smart homes.
At the beginning of its listing, Shuanghuan Transmission was based on its traditional automotive transmission gear business, deeply cultivating precision manufacturing, consolidating its quality foundation, and gradually growing into a globally recognized gear supplier in the automotive parts field. With the wave of changes in the automotive industry and the arrival of the new energy era, the company has proactively assessed and strategically laid out its business, embarking on a path of business transformation and upgrading. Over the years, Shuanghuan has continuously increased its research and development investment, built a new energy future factory, polished high-speed and low-noise new energy transmission gear products, and continuously connected with leading car companies and Tier1 supply chains. At present, the new energy business has grown into a core growth sector of the dual ring, and the company has completed a key leap from a traditional component manufacturer to a new energy transmission system service provider, firmly grasping the initiative of development in the industrial transformation.
Double ring gear products
While the automotive industry is steadily moving forward, Shuanghuan is also looking towards a longer-term future - the field of precision reducers for robots. Relying on decades of gear technology accumulation, the subsidiary of Shuanghuan, Huandong Technology, is fully committed to tackling RV reducers, breaking the monopoly of overseas technology, and growing into a benchmark enterprise for domestic reducers. It has been awarded the national key small giant enterprise for specialization, refinement, novelty, and has won industry heavyweight technology awards. It has entered the mainstream supply chain of industrial robots and contributed to the driving force of intelligent manufacturing in China.
Recently, in view of the significant changes in the current market environment compared to the initial planning of the spin off listing, in order to coordinate the development of Huandong Technology's business and capital operation planning, after full communication and careful consideration with relevant parties, the company has decided to terminate the listing of its subsidiary Huandong Technology on the Science and Technology Innovation Board. This is not a pause, but a firm determination to start again after a careful decision. Huandong Technology will continue to expand the market for robot reducers and continuously strengthen the diversified development map of Shuanghuan Tongxin.
Sixteen years is not only a milestone in a journey, but also the starting line of a new journey. Throughout the journey, I am grateful for the strong support and companionship of our customers, investors, employees, and partners. Based on the current situation, Shuanghuan Transmission still adheres to the core values of "better, much better", with precision gears as the root and technological innovation as the wing, while building a solid foundation for automotive transmission and seizing market opportunities in new tracks.
Rotate the big world with small gears. After 46 years of accumulation and 16 years of being listed and tempered, standing at a new starting point, Shuanghuan Transmission remains true to its original intention and unites its efforts, firmly moving towards the top 100 global automotive parts enterprises.
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