Zhejiang Shuanghuan Driveline Co Ltd
SZSE:002472
Zhejiang Shuanghuan Driveline Co Ltd's latest stock split occurred on Sep 26, 2016
The company executed a 20-for-10 stock split, meaning that for every 10 shares held, investors received 20 new shares.
Before the split, Zhejiang Shuanghuan Driveline Co Ltd traded at 24.8 per share. Afterward, the share price was about 11.8134.
The adjusted shares began trading on Sep 26, 2016. This was Zhejiang Shuanghuan Driveline Co Ltd's 3rd stock split, following the previous one in May 16, 2012.
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Zhejiang Shuanghuan Driveline Co Ltd
Glance View
Zhejiang Shuanghuan Driveline Co., Ltd. stands as a robust pillar within China's automotive components sector, weaving a story of precision engineering and innovation. Founded in the dynamic landscape of Zhejiang province, the company has steadily evolved into a leading manufacturer specializing in the production of gears and transmission systems. Its strategic emphasis on high-quality driveline components allows it to supply both domestic and international automotive giants. The heart of its operations beats in its state-of-the-art manufacturing facilities, where cutting-edge technology meets skilled craftsmanship to produce comprehensive solutions for automakers' needs. Through a robust R&D framework, Shuanghuan Driveline continuously enhances its product portfolio, aligning itself with the ever-evolving demands of the automotive industry, particularly as it treads towards hybrid and electric vehicle innovations. A critical driver of Zhejiang Shuanghuan Driveline's financial success is its ability to secure long-term contracts with a diverse range of clients including leading automobile manufacturers. By ensuring their components are integral to the production of various vehicle models, the company cements its position as an essential vendor within the supply chains. The blend of high-volume production capability and adaptability to market trends provides Shuanghuan Driveline a competitive edge, allowing it to maintain stable revenue streams. Additionally, their global perspective enables strategic expansions into international markets, leveraging partnerships and joint ventures to broaden their footprint and capture new opportunities in the rapidly changing automotive landscape. Through consistent investment in technological advancements and quality assurance, Zhejiang Shuanghuan Driveline continues to fortify its financial foundation and leadership in the industry.
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