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Inovance Technology: Responding to rising raw material prices and actively adjusting delivery schedules

In response to inquiries from institutional investors, Inovance Technology revealed that it had adjusted prices in response to factors such as rising raw material costs in the industrial automation sector, and that the price pass-through process had proceeded smoothly. Although first-quarter deliveries fell short of expectations, the company is accelerating efforts to catch up in the second quarter.

Recently, Inovance Technology (300124.SZ) stated in an institutional survey that there have been significant changes in the supply side of the industrial automation industry this year.
Rising raw material prices, tight delivery times, and price adjustments in the industrial chain have emerged one after another.
In response to the rising prices of raw materials, Inovance Technology has made corresponding price adjustments, and in the field of industrial automation, price transmission is relatively smooth.

Judging from the company’s order situation, orders performed well in the first quarter.
However, due to insufficient production capacity preparation, delivery fell short of expectations.
However, entering the second quarter, Inovance Technology is accelerating its catch-up progress and working hard to improve its delivery capabilities to meet market demand.

Inovance Technology Related Scenario 1

In the current market environment, fluctuations in raw material prices have had an important impact on the costs and operations of enterprises.
Inovance Technology’s timely price adjustments will help alleviate cost pressure and ensure the company’s profitability.
At the same time, the smooth progress of price transmission also reflects the company’s competitiveness and pricing power in the market.

For the first quarter delivery to fall short of expectations, this may have a certain impact on the company’s customer satisfaction and market reputation.
However, the measures to accelerate catch-up in the second quarter show the company’s attitude and determination to actively deal with problems.
By rationally arranging production plans and optimizing supply chain management, it is expected to gradually improve delivery conditions and increase customer satisfaction.

Inovance Technology Related Scenario 2

The development of the industrial automation industry is affected by many factors. In addition to raw material prices and production capacity issues, technological innovation and market demand are also key factors.
Inovance Technology needs to continuously increase investment in research and development and improve the technical content and performance of its products to adapt to market changes and customer needs.

In addition, competition in the industry is becoming increasingly fierce. Inovance Technology needs to continuously improve product quality and service levels to maintain its competitive advantage.
At the same time, we will strengthen cooperation with upstream and downstream enterprises to jointly respond to market challenges and achieve mutual benefit and win-win results.

In the future, Inovance Technology will continue to pay attention to industry trends, actively respond to various challenges, and continuously improve its comprehensive strength.
Through reasonable price adjustments and effective delivery management, it is expected to achieve better results in the field of industrial automation and make greater contributions to the development of enterprises and the progress of the industry.

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