On May 25, 2026, Inovance Technology (300124.SZ) released an investor relations activity record sheet, revealing a lot of important information about the company’s business development.
The supply side of the industrial automation industry has changed significantly this year, with rising raw material prices, tight delivery times, and price adjustments in the industrial chain.
Inovance Technology has made price adjustments based on the increase in raw material prices, and price transmission in the field of industrial automation has been relatively smooth.
However, although the company’s orders in the first quarter were good, due to insufficient production capacity preparations, delivery fell short of expectations. It is currently accelerating its catch-up progress in the second quarter.
In terms of future automation product layout planning, Inovance Technology stated that it needs to reconstruct the competition method through new architecture and new technologies to enhance its market position.
The company will take advantage of technological trends such as digitalization, intelligence, and wirelessness to form a new product and solution architecture; leverage the advantages of China’s complete manufacturing scenarios, and apply Chinese manufacturing and Chinese technology to global industrial manufacturing upgrades; promote the implementation of AI in industrial scenarios, giving priority to scenarios such as predictive maintenance and inspections.
In terms of new product layout, the company has deployed many new products under the industrial automation segment, such as screw guides, pneumatics, sensors, high-performance motors, etc.
In terms of precision machinery/screw guides, the company has started its layout in 2016 and is in a leading position in the all-electric injection molding machine heavy-duty market, SCARA and other segments.
The current demand for precision machinery in the machine tool industry is good, and in the future, it can also expand into the directions of humanoid robots, planetary roller screws, and intelligent chassis.
In terms of pneumatic products, the company has begun to lay out its layout in recent years. The current core product is solenoid valves. The scale this year is expected to be about 100-200 million yuan, and it still needs time to cultivate.
From the perspective of the new growth curve at the company level, intelligent robots, digital energy and AI intelligent manufacturing may become new driving forces for the company’s growth.
Intelligent robots empower industries with the technical advantages of humanoid robot core components; digital energy is based on core technology accumulation in the fields of power electronics and digitalization and a rich manufacturing customer base; AI intelligent manufacturing relies on Chinese manufacturing technology and scenarios to promote the deep integration of “AI + automation and digitalization + Made in China”.
The company’s business has expanded from servo to industrial robots and then to intelligent robots because intelligent robots are the most important physical carrier for the implementation of AI in industrial scenarios.
Traditional industrial robots originate from automobile manufacturing scenarios and are suitable for single-variety, large-volume, and long-cycle stable production. However, ordinary industrial manufacturing is mostly multi-variety, small-volume, and flexible scenarios, and the scope of application of traditional industrial robots is limited.
In the future, intelligent robots will replace manual operations in large numbers in industrial scenarios.
In terms of the development of humanoid robots, the company believes that the first batch of family scenarios may focus on three types of needs: parent-child education, emotional companionship, elderly rehabilitation and care.
Industrial scenarios will be implemented faster, and the company will actively promote 2-3 industrial scenarios to enter the practical stage this year.
As for the digital energy business, the company entered this field due to the increasing importance of global energy security. Scenarios such as the construction of new domestic power systems have brought long-term opportunities. In the construction of new overseas power systems, AC side and network control technology are core capabilities, and digital energy and industrial automation revolve around the same customer group.
In terms of core equipment such as PSU and SST, the company is conducting research and development of AIDC-related products, including PSU and SST directions.
In the future, AI data centers will evolve toward prefabrication, standardization, and modularization, gradually getting rid of the traditional engineering construction model.
The company hopes to form an overall smart energy solution around AIDC, rather than just a single power supply or a single point of hardware.
In general, Inovance Technology is actively deploying in industrial automation and emerging fields, and is expected to achieve the company’s sustainable development through new business growth points.
