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Inovance

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1463: 710: 40: 1415: 226: 206: 186: 166: 404:. 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. 422:
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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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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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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Chinese company that engages in the manufacture and sale of
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in 2017, Inovance stood to benefit heavily from the
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Founded by a group of former 225: 224: 205: 204: 185: 184: 165: 164: 1746:Companies in the SZSE 100 Index 633:Yang, Yunfei (5 January 2024). 614:from the original on 5 May 2024 583:from the original on 5 May 2024 546:from the original on 5 May 2024 482:from the original on 5 May 2024 264:Footnotes / references 1781:Companies in the CSI 100 Index 534:Zhang, Qian (September 2023). 353:programmable logic controllers 289: 280: 1: 1756:2010 initial public offerings 769:Hejian Technology Corporation 715:Electronics industry in China 602:Tang, Shihua (30 June 2021). 565:Hong, Sky (7 November 2017). 1751:2003 establishments in China 18:Shenzhen Inovance Technology 1766:Companies based in Shenzhen 112:; 21 years ago 1802: 759:Dongfang Jingyuan Electron 27:Chinese automation company 1605:Maxscend Microelectronics 1475: 1409: 811:Maxscend Microelectronics 505:"中国制造业更迭样本: 汇川技术的"缝隙"成长术" 365:According to a report by 336:with domestic companies. 301:that includes industrial 262: 37: 1640:Qinghai Salt Lake Potash 1090:Zhixin New Information 345:Shenzhen Stock Exchange 341:initial public offering 1625:NAURA Technology Group 878:United Nova Technology 821:NAURA Technology Group 540:www.bailliegifford.com 1207:Chaozhou Three-Circle 1184:Electronic components 851:Sanan Optoelectronics 729:Actions Semiconductor 305:control products and 1690:Wens Foodstuff Group 1467:Constituents of the 744:Allwinner Technology 445:"2023 Annual Report" 382:Hillhouse Investment 299:electrical equipment 232:25.00 billion (2023) 212:48.96 billion (2023) 172:30.42 billion (2023) 101:Electrical equipment 1710:Yunnan Baiyao Group 608:www.yicaiglobal.com 509:finance.sina.com.cn 238:Number of employees 192:4.78 billion (2023) 34: 1510:Changan Automobile 883:Will Semiconductor 816:Montage Technology 371:Made in China 2025 349:frequency changers 1733: 1732: 1715:Zhongji Innolight 1580:JA Solar Holdings 1555:Guosen Securities 1480:Aier Eye Hospital 1427: 1426: 1348:Shanghai Electric 1343:Panda Electronics 1268:China 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Index

Shenzhen Inovance Technology

Trade name
Public
Traded as
SZSE
300124
Electrical equipment
Shenzhen
Guangdong
China
CN¥
Net income
CN¥
Total assets
CN¥
Total equity
CN¥
www.inovance.com
Chinese
pinyin
publicly listed
electrical equipment
automation
robotics
industrial robots
Huawei
Huawei
price war
initial public offering

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