Inovance

Inovance (Chinese: 汇川技术; pinyin: Huìchuān Jìshù) is a publicly listed Chinese company that engages in the manufacture and sale of electrical equipment that includes industrial automation control products and robotics.

[2][3] On 28 September 2010, Inovance held its initial public offering and became a listed company on the Shenzhen Stock Exchange.

[4] According to a report by Deutsche Bank in 2017, Inovance stood to benefit heavily from the Made in China 2025 policy that would increased domestic industrial automation demand.

[5] In June 2021, Inovance announced it had secured a CNY2.1 billion private placement from twelve investors that included Hillhouse Investment, CITIC Securities, JPMorgan Chase, Morgan Stanley, UBS and AIA Group.

He also stated he believe Chinese automation companies will keep global supply chains running and insulate them from protectionism as they try to expand overseas.