Global strategy on September 27, Gelonhui announced that Zhejiang Shuanghuan Drive (002472.SZ) disclosed that, according to the strategic plan of its holding subsidiary Zhejiang Huandrive Technology Co., Ltd. (hereinafter referred to as "Huandrive Technology"), in order to meet the business expansion needs of its subsidiary Sandoloo (Haiphong) Drive Technology Co., Ltd. (hereinafter referred to as "Sandolo Haiphong"), Huandrive Technology plans to increase its capital through its Hong Kong wholly-owned subsidiary Huandrive Technology (Hong Kong) Co., Ltd. (hereinafter referred to as "Huandrive Hong Kong") using its own funds, and to increase the capital injection to the Vietnamese subsidiary Sandoloo Haiphong by RMB 30 million yuan (converted to approximately 4.2641 million US dollars based on the central parity of RMB against the US dollar announced by the China Foreign Exchange Trading Center website on September 26, 2024, and the actual amount of US dollars to be contributed shall be subject to the exchange rate on the day of contribution).
双环传动(002472.SZ)：环驱科技拟向三多乐海防增资3000万元
zhejiang shuanghuan driveline (002472.SZ): Huandrive technology plans to increase capital by 30 million yuan for Sandolhea
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