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Inovance Technology

China · Servo drives · public
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Summary

China's largest domestic servo drive and industrial automation supplier, increasingly displacing Japanese incumbents domestically.

Notable

A key reason Chinese robot makers can build cost-competitive systems without importing drives.

Key facts

Headquarters
Shenzhen
Founded
2003
Role
supplier
Category
Actuation
Sector
Servo drives
Status
public
Ticker
300124.SZ
Employees
~20,000
CEO
Zhu Xingming
Founders
Zhu Xingming (朱兴明)
Funding
Public
Valuation
Public