Zhejiang Shuanghuan Driveline Co., Ltd.

Certifications

• IATF 16949 (Automotive Quality Management)
• ISO 9001 (Quality Management)
• ISO 14001 (Environmental Management)
• IRIS (International Railway Industry Standard)
• CNAS National Accredited Laboratory

Main Products & Services

Global leader in professional gear manufacturing and one of the world's largest specialized gear product manufacturers and service providers.

Core Products

• High-precision gears for New Energy Vehicles (NEV)
• Transmission gears for traditional passenger and commercial vehicles
• Gears for rail transit and high-speed trains
• Off-road machinery gears (construction and agricultural)
• Industrial robot reducers (RV and Harmonic reducers)
• Power tool gears and intelligent actuators

Service Areas

• Automotive (NEV & ICE)
• Industrial Automation & Robotics
• Rail Transit
• Construction & Agricultural Machinery
• Energy Equipment (Wind Power)
• Consumer Electronics & Power Tools

Specializes in high-speed, low-noise, safe, and low-carbon transmission components with precision reaching world-class levels (1/30th the thickness of a human hair).

Company Information

Location

Hangzhou (Management HQ) and Yuhuan (Registered HQ), Zhejiang Province, China

Established

1980 (Founded); August 25, 2005 (Registered as current entity)

Registered Capital

849,934,492 RMB

Business Scope

R&D, design, and manufacturing of mechanical transmission gears and related components; import and export of goods and technology.

Production Capacity

Annual production capacity valued at over 1.4 billion USD; major bases in Zhejiang, Jiangsu, Chongqing, and Guangdong.

Financial Overview

Listed on Shenzhen Stock Exchange (002472.SZ); 2025 overseas revenue reached approximately 2.08 billion RMB.

Core Value: 'A little better, a lot better' (好一点，好很多); Vision: To change the self-supply pattern of the gear industry.

Major Projects & Clients

Notable Projects

• National 863 Program participant
• Strategic supplier of high-performance high-speed rail gears for ZF
• Industrialization of high-precision RV reducers for industrial robots
• Expansion of NEV gear production bases in Hungary and Vietnam

Key Clients

• Tesla
• BYD
• ZF (Zahnradfabrik Friedrichshafen)
• BorgWarner
• Caterpillar
• Cummins
• Volkswagen
• Toyota
• NIO
• SAIC Motor
• FAW Group
• Nidec

Industry Applications

• Electric vehicle drivetrains
• Industrial robot joints
• High-speed rail transmission systems
• Wind turbine yaw and pitch systems

Team & R&D

Team size: Approximately 8,982 employees (as of 2025/2026 data)

R&D capabilities: Operates a National Enterprise Technology Center, a Provincial Enterprise Research Institute, and a Post-doctoral Scientific Research Station.

Technical expertise: High-precision gear processing, NVH (Noise, Vibration, and Harshness) engineering, heat treatment processes, and robotic reducer design.

Management

• Wu Changhong (Chairman)
• Zhang Min (General Manager)
• Wang Peiqun (Deputy GM & CFO)
• Chen Haixia (Deputy GM & Board Secretary)

Overseas Layout

Production Bases

• Jászfényszaru, Hungary: Evoring Precision Manufacturing Kft. factory; 24,000 sqm facility focused on NEV gear components for the European market.
• Bac Giang Province, Vietnam: Zhejiang Shuanghuan Driveline (Vietnam) Co., Ltd.; production base serving Southeast Asian and global markets.

Sales Offices

• Budapest, Hungary: Registered office for European operations located at 1112 Budapest, Gulyás utca 24/1.

Investment Companies

• Shuanghuan Gear International Company Limited — Hong Kong, China: Wholly-owned subsidiary used as a primary path for international investment.
• Shuanghuan Technology International Company Pte. Ltd. — Singapore: Investment vehicle for the Hungarian production base and other global projects.

Global strategy: A 'Bridgehead' strategy using the Hungary base to penetrate the European NEV market and supply global Tier-1 automotive leaders.

Overseas revenue: Approximately 20-30% (2.08 billion RMB in 2025, up 58.9% YoY)