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Shuanghuan Driveline (002472.SZ) announced it will invest 180 million yuan (90% stake) and Nanjing Chuangsa will invest 20 million yuan (10% stake) to establish a joint venture, Jiangsu Huanhuan Transmission Equipment Co., Ltd., with registered capital of 200 million yuan. The JV will focus on high-end gear transmission equipment for new energy, metallurgy, building materials, ports, and power sectors.