In recent years, the new crown epidemic has continued to recur, the international environment is complex, and various uncertain factors have urged manufacturing companies to continuously seek industrial upgrading and take a high-quality development route that is low-carbon, green, fast-responsive, and risk-controllable. The 20th National Congress vigorously advocates the development of new fields and new tracks, firmly develops new drivers and new advantages, and provides industrial and policy support for the high-quality development of manufacturing companies. This is a stage for enterprises to practice internal strength and self-improvement, and it is also a good time to maintain a keen sense of smell and actively break through.

In the third quarter, Shuanghuan’s performance maintained a good growth trend. From January to September 2022, it achieved operating income of 4.825 billion yuan, an increase of 18.68% over the same period of the previous year; net profit attributable to shareholders of listed companies was 409 million yuan, an increase over the same period of the previous year. 80.76%.

(New energy vehicle gear business is growing rapidly)

The company's performance growth is mainly due to the high-precision gear business and robot precision reducer business that have been strategically deployed in the early stage, especially the new energy vehicle gear project. As a leading company in the new energy vehicle gear industry, Shuanghuan cooperates with the world's leading new energy vehicle companies and In-depth cooperation with leading domestic car companies has occupied a high market share in the field of domestic high-power electric drive gears; at the same time, Toyota, GM, ZF, Volkswagen, Caterpillar, John Deere and other industry "giant" customers are in the The sluggish market environment has played an important role in stabilizing the company's fundamentals; in addition, Shuanghuan actively promotes industrial upgrading, builds an intelligent manufacturing system, and stimulates economies of scale. From T, Q, C, D (technology, quality, cost, delivery) Provide customers with better services in other aspects, and help enterprises obtain profit margins beyond their peers.

(Robot precision reducer business continues to develop)

The upgrading and transformation of the automobile industry, especially the trend of electrification, has caused tremendous changes in the competition pattern of vehicle and component manufacturers themselves, and the capital-intensive and technology-intensive attributes of gears have made the industry change from the original "self-sufficiency". "The model has gradually shifted to the outsourcing model, which has brought new opportunities to independent third-party gear manufacturers. According to data from the China Association of Automobile Manufacturers, as of September 2022, a total of 4.567 million new energy vehicles have been sold, with a market penetration rate of 23.5%. With the guidance of policies, the improvement of facilities, and the advancement of technology, it is predicted that the increment of the new energy automobile industry will continue to expand. The industry prospect provides a track for the high-quality development of Shuanghuan. The company is firmly optimistic about this development trend and will continue to deepen the field of high-precision gears.

Shuanghuan actively builds the integration of production, education and research, establishes Shuanghuan Research Institute, establishes research platforms such as the State Key Laboratory of Mechanical Transmission and the National CNAS Certification Laboratory, and forms long-term cooperation with Germany's Technical University of Munich, Zhejiang University and other universities to carry out a number of gear transmission fields basic research. At the same time, Shuanghuan cooperates with foreign high-end customers to carry out technological breakthroughs and process improvements, and constantly improves its ability to transform cutting-edge technologies into the market, so as to respond to market changes and meet customer needs in a timely manner.

(Energy Monitoring System)

In the stage of rapid development, Shuanghuan attaches great importance to the sustainability of development, actively fulfills its social responsibilities, and applies low-carbon and green concepts to every detail of manufacturing. In 2021, through measures such as green energy use, energy consumption monitoring, material saving and emission reduction, and efficiency improvement, Shuanghuan will reduce energy consumption per unit of industrial added value by 27% year-on-year and save 28,000 tons of standard coal. In 2022, Shuanghuan plans to reduce energy consumption per unit of industrial added value by another 10-20%, striving to reach the leading level in the industry.

(Double-ring transmission cultural system model diagram)

The development of Shuanghuan is inseparable from every Shuanghuan employee. Shuanghuan people are conscientious and meticulous, devote themselves to the development of the enterprise, and provide a solid backing for the needs of customers. Shuanghuan and Shuanghuan people achieve each other, share the fruits of enterprise development, show everyone the employee quality of "professional, dedicated, efficient, and honest", and carry forward the enterprise spirit of "a group of people, one thing, a lifetime".

Look to the future and focus on the present. Shuanghuan always adheres to the value of "a little better, a lot better", and takes "providing high-speed, low-noise, safe and low-carbon products for the global mechanical transmission system to realize the continuous improvement of the value of customers, employees, shareholders and the society" as its corporate mission. China contributes to the realization of a manufacturing power.

(a group of people, one thing, a lifetime)