About us - INOVANCE-Advancing Industrial Technology,For A Better World

Company Overview

Shenzhen Inovance Technology Co., Ltd. (stock code: SZ.300124) was
founded in 2003 and has a market capitalization of about RMB 160Bn.
Inovance is the key force in developing industrial automation and drive
technologies in China, providing
optical-mechatronics-hydraulic-pneumatic integrated solutions covering
drive, control, motor, and precision machinery. Headquartered in
Shenzhen, Inovance has more than 20,000 employees and has established
multiple production bases in Suzhou, Yueyang, Nanjing, Shanghai, Jinan,
Jiaxing, Changchun, and Hungary, as well as having resident offices and
service centers in over 30 countries and regions worldwide.

Milestones

2003

Founded

2010

Listed in GEM of A share in sept 2010, with stock code 300124

2011

Suzhou base put into operation
Acquisition of Changchun Weton to establish transducer technologies and product platforms

2014

Automated production line put into operation, as company moves towards intelligent manufacturing

2015

Inovance enters rail transit industry with acquisition of Jiangsu Kingsway

2016

Suzhou Inovance Automotive Co., Ltd. founded

2017

Suzhou intelligent manufacturing center put into construction; ''One axis, one network, and one ecology' strategy released
''Double King'' strategy integrating intelligent manufacturing and new energy vehicle released

2018

Acquisition of PA in Germany to improve multi-product solution competitiveness in machine tool industry

2019

New enterprise culture released
Acquisition of BST
Participation in 70th anniversary of China

2020

7 million RMB donated to Wuhan to fight against COVID-19
Selected into the first batch of Post Doctoral Research Stations of Shenzhen
Powerful supply chain to fight against COVID-19

2021

ESG report released for the first time
Xi'an R&D center established
Acquisition of EKSYS (Beijing) and MOOXEE

2022

Hungary base put into construction
''Double King'' strategy integrated with ''Dual Carbon'' strategy
Yueyang, Changzhou and Nanjing bases put into operation

2023

Acquisition of SBC in South Korea to speed up Inovance's entry into the global market
Jinan base that centered on engineering drives and MV drives put into construction

2024

Energy storage base in Xi'an put into construction

2003

2010

2011

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

Network and branches of service outlets

Inovance has established multiple subsidiaries and branches worldwide, with products sold to Germany, France, Italy, Turkey, South Korea, India, and Vietnam, etc.

In China

Overseas China

In China

658

Service partners
47

Subsidiaries & Offices
20

Spare part centres
3

Maintenance centers

Response provided within 24h;

Solution provided within 72h

Hotline for technical support： 4000-300124

Overseas China

9

Subsidiaries & Offices

Middle East: Turkey
Asia: South Korea, Vietnam, Malaysia, India
Europe: Germany, Spain, France, Hungary,Italy
64

Service engineers

Local (49): India (37), Turkey (2), Europe (2), South Korea (1), Vietnam(1), Malaysia (1), U.S.A(1),Canada(1), Germany(1), Mexico(1), CIS(1)
Mobile overseas service engineers (15)
9

Maintenance centres

Coverage:
South Asia(3); Middle East(1); East Asia(1); Southeast Asia(3); France(1)
9

Spare Part centres

Coverage:
Middle East(1); Southeast Asia(4); South Asia(1); Europe(2); North America(1)
36

Service partners

Southeast Asia(19); South Asia(5); Middle East(4); North America(2); South America(3); Africa(2); East Asia(1)