On August 19th, Shuanghuan Transmission announced that the company will increase its capital by 200 million yuan to its controlling subsidiary Shuanghuan Transmission (Chongqing) Precision Technology Co., Ltd. with its own funds, of which 152 million yuan will be included in the registered capital and the remaining 48.001055 million yuan will be included in the capital reserve fund. After the capital increase is completed, the company's shareholding in Chongqing Shuanghuan will increase from 65.00% to 80.88%.