Mission Statement, Vision, & Core Values (2026) of Shenzhen Inovance Technology Co.,Ltd.

Discover how Shenzhen Inovance Technology Co., Ltd.-founded in 2003-has scaled from a domestic automation player to a global force with offices across Germany, France, Italy, Spain, Turkey, India, South Korea, Vietnam, Singapore and China, serving industries from automotive to pharmaceuticals with variable frequency drives, servo systems and industrial robots; with reported 2023 revenues of $4.239 billion, a workforce of about 23,685 employees and a steadfast commitment to innovation demonstrated by R&D spending equal to 8.63% of operating revenue (RMB 2.624 billion), the company's mission to "advance industrial civilization and co-create a better life," vision to lead in industrial automation, mobile robotics and AI, and core values-customer first, contributor-oriented, openness and cooperation, and striving for excellence-are translated into measurable investments, global expansion and industry-spanning solutions that invite a deeper look into how strategy, numbers and culture drive Inovance's next chapter

Shenzhen Inovance Technology Co.,Ltd (300124.SZ) - Intro

• Headquarters: Shenzhen, China (listed as 300124.SZ)
• Global footprint: offices and service centers across Germany, France, Italy, Spain, Turkey, India, South Korea, Vietnam, Singapore and China
• Core product lines: VFDs, servo systems, industrial robots, motion controllers, PLCs, and power electronics

• 'Advance industrial civilization and co-create a better life' - to make achievements of industrial technology accessible to all.
• Customer-centricity: translate automation tech into productivity, safety and sustainability gains for industrial customers.

• Becoming a world-class automation technology leader that integrates intelligent equipment, control systems and digital services.
• Drive industry digitalization and green transformation through scalable, interoperable automation platforms.

• Innovation: sustained high R&D intensity (8.63% of operating revenue in 2023) to maintain technology leadership.
• Quality & Reliability: product engineering designed for industrial-grade robustness across global supply chains.
• Customer Success: solutions tailored to industry-specific KPIs - uptime, throughput, energy efficiency.
• Global Collaboration: local service centers and partnerships in Europe and Asia to support customers regionally.
• Sustainability & Responsibility: focus on energy-efficient drives and systems that reduce industrial emissions and lifecycle costs.

• Expand automation adoption in high-growth sectors such as EV production, smart manufacturing and pharmaceutical manufacturing.
• Scale global service network to support after-sales, localization and faster delivery in Europe and Asia.
• Maintain R&D-led growth: RMB 2.624 billion invested in R&D in 2023 to accelerate next-generation servo, robotics and digital control platforms.

• Automotive & EV: high-performance servo systems and robot cells for assembly, testing and battery manufacturing.
• Manufacturing & Factories: VFDs and motion controllers for conveyor, machining and process automation.
• Pharmaceuticals & Healthcare: precision motion control and clean-room compatible automation solutions.

Shenzhen Inovance Technology Co.,Ltd (300124.SZ) - Overview

• Mission focus: democratize industrial automation and improve productivity and living standards through accessible technology.
• Strategic alignment: integrate intelligent manufacturing solutions with new energy vehicle (NEV) power electronics and digital energy management.
• Collaborative approach: co-creation with customers and partners to deliver tailored automation and energy solutions.
• Sustainability orientation: support energy efficiency, electrification and digitalization to reduce carbon intensity in industrial sectors.

• Product strategy: broad portfolio from drives, motion control and industrial software to NEV inverters and battery management components-designed to scale across factories, energy systems and vehicles.
• R&D commitment: multi-site R&D centers and sustained capex to shorten innovation cycles and localize advanced control, power electronics and edge computing capabilities.
• Customer co-creation: industry partnerships and customized solutions for discrete manufacturing, process industries, logistics and electric mobility ecosystems.
• Globalization: targeted overseas branches, distribution networks and after-sales to make technologies accessible across Asia, Europe, Americas and emerging markets.

• Efficiency gains delivered: customers report reductions in energy use and cycle times via Inovance drives and control systems (deployment metrics vary by project and industry).
• NEV & energy transition traction: rising share of revenue from power electronics and digital energy management as China and global markets electrify transport and industrial loads.
• Investment leverage: sustained R&D and capex aim to convert technological breakthroughs into scalable, lower-cost solutions for mass adoption.

Shenzhen Inovance Technology Co.,Ltd (300124.SZ) - Mission Statement

• Deliver industrial automation platforms (drive & control systems, PLCs, HMIs) that reduce cycle times and energy consumption in manufacturing.
• Expand mobile robotics and autonomous systems to increase factory flexibility and lower total cost of ownership.
• Embed AI and digital twins into products and services to enable predictive maintenance, quality optimization, and real-time process control.
• Support new energy vehicle (NEV) electrification and digital energy management to accelerate clients' low-carbon transition.

• Innovation-led growth: maintain high R&D intensity to anticipate future industry trends and accelerate product roadmaps.
• Global scale: strengthen international sales, service networks, and localized manufacturing to serve multi-region customers.
• Results orientation: prioritize solutions that deliver quantifiable metrics - OEE improvements, energy savings, throughput gains.

• Cycle-time reduction and throughput increases (typical case improvements in single- to double-digit percentages depending on application).
• Energy savings via drive efficiency and digital energy management (often yielding notable reductions in consumption for motor-driven processes).
• Uptime gains from predictive maintenance enabled by AI and edge analytics.
• Lower integration and lifecycle costs through modular, scalable automation platforms.

• Deepening R&D in AI, control algorithms, and power electronics to drive product differentiation.
• Accelerating development of mobile robotics and autonomous guided vehicle (AGV) ecosystems for intralogistics.
• Integrating solutions for NEV manufacturing lines and powertrain electrification.
• Expanding digital energy management offerings for industrial and commercial customers.

Shenzhen Inovance Technology Co.,Ltd (300124.SZ) Vision Statement

• Customer First - prioritizing understanding and meeting customer needs to secure satisfaction, repeat business, and long-term partnerships across motion control, drives, PLC, and industrial IoT solutions.
• Contributor-Oriented - valuing, empowering, and retaining talent; linking employee development and rewards to company performance and innovation outcomes.
• Openness and Cooperation - fostering cross‑departmental collaboration, supplier and partner ecosystems, and transparent stakeholder communication to accelerate solution delivery.
• Striving for Excellence - committing to continuous improvement, rigorous quality standards, and innovation to maintain competitive differentiation in technology and manufacturing.

• Customer-first orientation drives product roadmaps, after-sales service targets, and an NPS/CSAT approach to measure success.
• Contributor-oriented policies underpin talent retention programs, internal innovation incentives, and structured career pathways tied to R&D milestones.
• Openness and cooperation are reflected in strategic alliances, joint development agreements, and supplier quality partnerships that shorten time-to-market for new modules and systems.
• Striving for excellence informs ISO/TS certifications, yield improvement targets on manufacturing lines, and continuous reduction of field failure rates.

• Maintain year-on-year revenue growth in the mid-to-high single digits to low double digits while increasing gross margin through product mix shift to higher-value systems.
• Grow R&D spend toward ~10% of revenue to sustain platform innovation and new energy / electrification product lines.
• Expand international sales to account for a growing share of revenue (targeting >30% over the medium term) via channel partnerships and local service networks.