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BRIEF-Zhejiang Shuanghuan Driveline completes establishment of JV

June 1 (Reuters) - Zhejiang Shuanghuan Driveline Co Ltd :

* Says it completes establishment of intelligent manufacturing joint venture in Chongqing, with a Chongqing-based machine tool group company and Germany-based company KAPP GmbH & Co. KG

* Says the company holds a 30 percent stake in JV with investment of 30 million yuan

Source text in Chinese: http://goo.gl/64exLU

Further company coverage: (Beijing Headline News)