Inovance Technology

Shenzhen Inovance Technology Co., Ltd. (referred to as "Inovance Technology") was founded in 2003, focusing on automation, digitalization, and intelligence in the industrial field, concentrating on core technologies in "information layer, control layer, drive layer, execution layer, and sensing layer." The company specializes in the research and development, production, and sales of industrial automation control products, positioning itself to serve high-end equipment manufacturers. Based on its proprietary industrial automation control technology, the company's main business model is to rapidly provide customers with personalized solutions. It is continuously committed to advancing industrial civilization with leading technology and rapidly providing customers with more intelligent, precise, and cutting-edge comprehensive products and solutions. It is a leader and listed enterprise in the domestic industrial automation control field, selected as the 42nd in the "2022 Hurun China Top 500 Private Enterprises." Inovance Technology has over 30 subsidiaries in Suzhou, Hangzhou, Nanjing, Shanghai, Ningbo, Changchun, Hong Kong, and other locations. In 2024, Inovance Technology achieved total operating revenue of 37.04 billion yuan, a year-on-year increase of 22%, with operating net profit of 4.29 billion yuan and R&D investment of 3.147 billion yuan. The company has over 20,000 employees, of whom 5,538 are dedicated to core platform technology research, application technology research, and product development.