China's largest industrial automation company. Servo systems, motors, and controllers for robotics.
Shenzhen, Guangdong · Founded 2003 · Company website
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.
Inovance reported H1 2026 revenue of RMB 24.675B (+20.3%) but net profit fell 5.35% to RMB 2.81B.
IT Zhijia (IT之家)DaiMeng Robot raised ~100M RMB led by Inovance and China Telecom for dexterous manipulation and tactile sensors.
36Kr (36氪)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.