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393:. The company plamed to use the proceeds from it to acquire the remaining 49 percent stake in subsidiary Inovance Control Technology as well as expanding its output of automation control equipment, and developing smart software. Its stock price rose 7.9% after the announcement.
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for a place in the top three largest companies in the sector globally within five years. He also stated he believe
Chinese automation companies will keep global supply chains running and insulate them from
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policy that would increased domestic industrial automation demand. At the time foreign companies still controlled 65% of China's industrial automation market.
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Originally servicing the lower end market, the company gradually moved to take market share in the higher end market from
European and Japanese incumbents.
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announced it teamed up with
Inovance to launch a program to train senior engineers and a technology research institute for robotics.
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321:. When the company was founded, it aimed to compete in the high-end market with foreign companies and never to fall into a
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It is currently the largest industrial automation company in China as well as its second largest domestic producer of
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In April 2024, Zhu stated the company hopes it would be able to challenge larger incumbents such as
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Inovance was founded in April 2003 by Zhu
Xingming and several other engineers from
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593:"China's Inovance Leaps After Hillhouse Joins USD330 Million Private Placement"
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engineers, the company has been dubbed "Little Huawei" in the industry.
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In June 2021, Inovance announced it had secured a CNY2.1 billion
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624:"SZIIT teams up with Shenzhen Inovance to launch training program"
525:"Conversations with Shanghai: opportunities in the A-share market"
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461:"Chinese robot maker says protectionism will not stop its march"
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Chinese company that engages in the manufacture and sale of
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336:. Afterwards it expanded its product range from single
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in 2017, Inovance stood to benefit heavily from the
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1504:China Merchants Shekou Industrial Zone Holdings
340:to other industrial control products such as
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398:Shenzhen Institute of Information Technology
21:
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1765:Electronics companies established in 2003
328:On 28 September 2010, Inovance held its
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7:
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369:from twelve investors that included
22:Shenzhen Inovance Technology Co.,Ltd
634:from the original on 4 January 2024
332:and became a listed company on the
556:"Thinking bigger, thinking longer"
504:from the original on 22 March 2017
14:
1694:Xishan Coal and Electricity Power
459:Langley, William (4 April 2023).
145:Zhu Xingming (Chairman & CEO)
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753:Fujian Jinhua Integrated Circuit
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416:as they try to expand overseas.
305:. Founded by a group of former
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622:Yang, Yunfei (5 January 2024).
603:from the original on 5 May 2024
572:from the original on 5 May 2024
535:from the original on 5 May 2024
471:from the original on 5 May 2024
253:Footnotes / references
1770:Companies in the CSI 100 Index
523:Zhang, Qian (September 2023).
342:programmable logic controllers
278:
269:
1:
1745:2010 initial public offerings
758:Hejian Technology Corporation
704:Electronics industry in China
591:Tang, Shihua (30 June 2021).
554:Hong, Sky (7 November 2017).
1740:2003 establishments in China
1755:Companies based in Shenzhen
101:; 21 years ago
1791:
748:Dongfang Jingyuan Electron
16:Chinese automation company
1594:Maxscend Microelectronics
1464:
1398:
800:Maxscend Microelectronics
494:"中国制造业更迭样本： 汇川技术的"缝隙"成长术"
354:According to a report by
325:with domestic companies.
290:that includes industrial
251:
26:
1629:Qinghai Salt Lake Potash
1079:Zhixin New Information
334:Shenzhen Stock Exchange
330:initial public offering
1614:NAURA Technology Group
867:United Nova Technology
810:NAURA Technology Group
529:www.bailliegifford.com
1196:Chaozhou Three-Circle
1173:Electronic components
840:Sanan Optoelectronics
718:Actions Semiconductor
294:control products and
1679:Wens Foodstuff Group
1456:Constituents of the
733:Allwinner Technology
434:"2023 Annual Report"
371:Hillhouse Investment
288:electrical equipment
221:25.00 billion (2023)
201:48.96 billion (2023)
161:30.42 billion (2023)
90:Electrical equipment
1699:Yunnan Baiyao Group
597:www.yicaiglobal.com
498:finance.sina.com.cn
227:Number of employees
181:4.78 billion (2023)
23:
1499:Changan Automobile
872:Will Semiconductor
805:Montage Technology
360:Made in China 2025
338:frequency changers
1722:
1721:
1704:Zhongji Innolight
1569:JA Solar Holdings
1544:Guosen Securities
1469:Aier Eye Hospital
1416:
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1337:Shanghai Electric
1332:Panda Electronics
1257:China Hualu Group
1247:Anker Innovations
1221:Zhongji Innolight
1013:TCL Communication
1004:BlackBerry Mobile
972:Motorola Mobility
855:Tsinghua Unigroup
500:. 16 March 2017.
396:In January 2024,
367:private placement
303:industrial robots
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1644:Shenwan Hongyuan
1609:Muyuan Foodstuff
1554:Huadong Medicine
1509:Dahua Technology
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1099:Home appliances
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1385:Kejian Group
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1039:Tecno Mobile
1019:Tinno Mobile
723:ACM Research
636:. Retrieved
627:
617:
605:. Retrieved
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350:
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277:
261:
260:
252:
208:Total equity
188:Total assets
122:Headquarters
117:Zhu Xingming
58:Company type
18:
1599:Midea Group
1519:Focus Media
1489:BYD Company
1272:Han's Laser
1138:Konka Group
49:Native name
1729:Categories
1639:SF Express
1514:East Money
1390:ZUK Mobile
563:East Money
465:www.ft.com
420:References
313:Background
292:automation
168:Net income
141:Key people
38:Trade name
1684:Wuliangye
1549:Hikvision
1282:Hikvision
1106:Changhong
1024:Transsion
989:Smartisan
773:HiSilicon
738:Cambricon
391:AIA Group
323:price war
243:.inovance
130:Guangdong
70:Traded as
1709:Zoomlion
1584:Luxshare
1564:Inovance
1408:Category
1359:Unisound
1287:Inovance
1158:Skyworth
935:Polestar
825:Rockchip
795:Leadcore
780:Loongson
632:Archived
601:Archived
567:Archived
533:Archived
502:Archived
469:Archived
441:Inovance
296:robotics
262:Inovance
126:Shenzhen
86:Industry
43:Inovance
1649:Sungrow
1604:Mindray
1559:iFlytek
1534:Goertek
1378:Defunct
1342:TP-Link
1297:Joyoung
1211:Goertek
1143:Meiling
1126:Hisense
1046:Umidigi
999:Alcatel
979:Lephone
952:Hisense
915:Coolpad
896:OnePlus
845:Silergy
820:Piotech
815:Nexchip
790:Ingenic
409:Siemens
282:) is a
266:Chinese
236:Website
150:Revenue
114:Founder
106:2003-04
104: (
96:Founded
1634:Sanhua
1364:Vernee
1347:Neffos
1322:Mobvoi
1312:Le.com
1307:Lemote
1292:Inspur
1216:Royole
1111:Galanz
1063:Xiaomi
967:Lenovo
957:Huawei
942:Gionee
920:G'Five
906:Realme
860:UNISOC
768:Huawei
319:Huawei
307:Huawei
276::
274:pinyin
268::
80:300124
62:Public
1669:Vanke
1369:VTech
1317:Meitu
1277:Hasee
1262:Dahua
1242:Ainol
1230:Other
1153:Supor
1148:Midea
1121:Haier
1083:Honor
1068:Redmi
984:Nubia
962:LeEco
947:Haier
930:Meizu
925:Geely
835:Silan
763:Hygon
638:5 May
607:5 May
576:5 May
570:(PDF)
559:(PDF)
539:5 May
508:5 May
475:5 May
437:(PDF)
134:China
1689:XCMG
1494:CATL
1252:CETC
1237:Aigo
1206:CSOT
1191:CATL
1073:POCO
1056:iQOO
1051:Vivo
1034:itel
1009:Palm
901:Oppo
877:YMTC
850:SMIC
830:SMEE
743:CXMT
728:AMEC
640:2024
609:2024
578:2024
541:2024
510:2024
477:2024
407:and
389:and
344:and
270:汇川技术
245:.com
76:SZSE
1714:ZTE
1302:JXD
1267:DJI
1201:CEC
1181:BOE
1090:ZTE
405:ABB
387:UBS
241:www
219:CN¥
199:CN¥
179:CN¥
159:CN¥
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