Constituents  ›  Inovance Technology

Inovance Technology汇川技术

300124.SZ Components & actuators
Index weight
7.80%
Rank #2 of 41
Market cap
$26.4B
USD, live
PAI exposure
55%
Revenue from Physical AI
HQ
Shenzhen
Founded 2003
Revenue
$1.2B
via 10jqka Financial Statements · 2026-03-31
Valuation
$26.4B · market cap
via Yahoo Finance · 2026-06-24

About

China's largest industrial automation company. Servo systems, motors, and controllers for robotics.

Shenzhen, Guangdong · Founded 2003 · Company website

Why in the Index

Largest domestic industrial automation player — servo systems, drives, PLCs. EV motor controllers and humanoid actuators are growth segments.

PAI exposure of 55% reflects the share of trailing-twelve-month revenue attributed to Physical AI activities. See methodology §4 for inclusion criteria and §6 for how PAI exposure scales the weight.

Recent activity

Jun 4, 2026
$

Shenzhen embodied company receives hundreds of millions in funding from Inovance and China Telecom, number one in tactile sensor shipments

DaiMeng Robot raised ~100M RMB led by Inovance and China Telecom for dexterous manipulation and tactile sensors.

36Kr (36氪)
For deeper company-level data including funding history, full timeline, and recent news, see this company's profile in our Humanoid Robotics Tracker.

Disclaimer

This profile is part of the China Physical AI Index — a public information product published by Tech Buzz China for informational and educational purposes only. It is not investment advice and is not a recommendation regarding Inovance Technology or any other security. Company data is based on public filings and TBC research; revenue-exposure estimates are point-in-time and subject to update. See the full methodology §11 and disclaimer page.