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66.059998 CNY
0.81
1.21%
Last update Apr 3, 2:59 PM CST
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Day range
66.010002
67.080002
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66.87000
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Shenzhen Inovance Technology Co., Ltd.
66.06
0.81
1.21%

Overview

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Description

Shenzhen Inovance Technology Co., Ltd. is a leading player in the international industrial automation sector. As a prominent high-tech enterprise, it specializes in the development, manufacturing, and sale of automation control products, focusing on sectors such as industrial manufacturing, renewable energy, and rail transportation. The company's product offerings include inverters, servo drives, and motor drives, which are critical for enhancing efficiencies and enabling advanced control mechanisms across various industrial applications. Shenzhen Inovance Technology is known for its robust research and development capabilities, continuously advancing the automation industry with its innovative solutions. The company's pivotal role in providing core technologies for automation facilitates increased operational efficiency and modernization in the industries it serves. By contributing significantly to industrial automation and energy efficiency, Shenzhen Inovance stands as a crucial player in the global push towards smarter and more sustainable industrial production processes.

About

CEO
Employees
24445
Address
Huichuan Tech Headquarters Building
High-tech Industrial Park Guanlan Street Longhua New District
Shenzhen, 518110
Phone
86 75 5831 85787
Website
Instrument type
Common stock
Sector
Industrials
Industry
Electrical Equipment & Parts
Country
China
MIC code
XSHE
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Latest press releases

Nov 21, 2025
Inovance Launches 50GW Energy Storage Gigafactory

XI'AN, China, Nov. 21, 2025 /PRNewswire/ -- Inovance (SZ: 300124), a global leader in industrial automation, announced on Nov. 17, 2025 the commissioning of its Xi'an Energy Storage Manufacturing Base. With an annual design capacity of 50GW, the facility integrates 3500A automated testing and AI inspection. The launch underscores Inovance's capability in autonomous innovation, positioning the company to drive global energy intelligence.

Inovance Commissions 50GW Energy Storage Gigafactory, Unveiling Next-Gen PCS Solutions to Strengthen Global Supply Chain

The facility serves critical scenarios including PV/wind peaking, grid-side storage, and industrial microgrids. This capacity strengthens Inovance's ability to deliver scalable solutions—from equipment to systems—supporting its track record of over 20GW of projects operating safely worldwide.

The 50GW base underpins a dual strategy: delivering "Multi-Medium Energy Storage Plus" solutions tailored to usage scenarios, and building a vertically integrated system connecting "Energy Operations—Source-Grid-Load-Storage" across cooling, heating, and electricity. Inovance will showcase these solutions at ees Europe in Munich in June 2026.

Leveraging engineering advantages, the facility scales up production of Inovance's flagship portfolio for global clients:

  • The 3.5MW Centralized PCS: Achieving 985kW/m³, this high-density unit features air-liquid cooling ensuring no power derating at 50°C. Compatible with 587Ah large cells, it maximizes revenue through efficient 24-hour operation, providing grid-forming capabilities to stabilize networks in compliance with European standards.
  • The 430kW String PCS: Delivering superior efficiency and 1.5x overload capability, this system ensures stability in weak grids (SCR>1.0). It supports 3-minute self-recovery to reduce downtime. Compatible with 314Ah to 700+Ah cells, it enables flexible 2-8 hour strategies for seamless revenue mode switching.
Inovance Chairman Zhu Xingming delivers the keynote address.

"This facility reflects our commitment to the global energy transition," said Zhu Xingming, Chairman of Inovance. "We are moving beyond manufacturing to provide comprehensive, zero-carbon solutions to partners globally."

About Inovance

Founded in 2003, The Inovance Group is a global industrial automation company with revenues of $5.2bn for 2024. Headquartered in Shenzhen, China, Inovance operates offices across Europe and Asia. The company leverages flexible production and specialist engineering to form strong partnerships with OEMs and end users worldwide.

Media Contact

Website: www.inovance.com/global

LinkedIn: https://www.linkedin.com/company/inovance-group

E-mail: dingcong@inovance.com

Photo - https://mma.prnewswire.com/media/2829510/Inovance_Commissions_50GW_Energy_Storage_Gigafactory_Unveiling_Next_Gen_PCS_Solutions.jpg

Photo - https://mma.prnewswire.com/media/2829511/Inovance_Chairman_Zhu_Xingming_delivers_keynote_address.jpg

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