Inovance Technology

[ACTIVE]

Service & Cobot Robotics · HQ: Shenzhen, China · Est. 2003 · 1 model registered · 1 deployments

As of Sep 2026, DEPLOY verifies Inovance Technology: 1 model, 1 deployment across 1 region. 1 source back the record.

Ownership

ACTIVE

Capital / Funding

Undisclosed

Headquarters

Shenzhen, China

IP / Patents

Undisclosed

Platform Models

1

Audited Incidents

0

Overview

China's largest industrial automation company and second-largest industrial robot manufacturer. Produces servo motors, drives, inverters, and industrial robots. Publicly traded on Shenzhen Stock Exchange (300124.SZ).

Audited Posture AssessmentPeer Percentile: 22.5%

Clean safety record across 1 verified deployment. Deployment footprint remains limited relative to category peers.

Key Facts

CEOZhu Xingming (Chairman & CEO)
HQShenzhen, China
Founded2003
StockShenzhen Stock Exchange (300124.SZ)
Revenue¥45.10 billion (~$6.23B) in 2025 — 25% YoY growth
Market share8.8% of Chinese industrial robot market by unit sales (2025) — 2nd among Chinese companies, 4th overall
Robot shipments5,000+ industrial robots shipped in 2025
New businessesIntelligent robots and digital energy — ¥1.80B revenue, 16% growth
IncidentsNone found — audited

Safety & Regulatory Posture

0 entries
Audited Incident & Recall Footprint

No incidents on record for Inovance Technology.

Leadership & Founders

1 entry

Current Program Leadership & Executives

Zhu Xingmingreported, not verified

CEO

Partnerships & Commercial Deployments

2 entries
Total Tracked0
Operating0
Announced0
Concluded0

Operator Customers & Fleet Integrators

Inovance Technology - 1 deploymentInovance Technology

Platform Models

1 entry

Deployments

1 entry

Sectors & Applications

1 entry

FAQ

10 entries
What is Inovance Technology?

China's largest industrial automation company and second-largest industrial robot manufacturer. Produces servo motors, drives, inverters, and industrial robots. Publicly traded on Shenzhen Stock Exchange (300124.SZ).

What does Inovance Technology make?

Inovance Technology has 1 robot model on the DEPLOY registry: Inovance IRS111-20 (Inovance Technology builds both physical robots and the AI that runs them).

Who competes with Inovance Technology?

On the DEPLOY registry, peer companies to Inovance Technology building in the same form factors include Savoye, Ambi Robotics, DENSO Corporation, FANUC Corporation.

Who is the CEO of Inovance Technology?

Zhu Xingming is the ceo of Inovance Technology, per the DEPLOY registry.

Where is Inovance Technology headquartered?

Inovance Technology is headquartered in Shenzhen, China.

Where does Inovance Technology operate robots?

Inovance Technology operates 1 verified deployment, including at Global.

How many robots has Inovance Technology deployed?

DEPLOY has 1 verified Inovance Technology deployment on record at sites including Global. That is a count of distinct field deployments each backed by sourced evidence, not a manufacturer's claimed unit total; it updates as new sites are verified.

Is Inovance Technology a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Inovance Technology ranks in roughly the top 78% of companies tracked by the registry.

When was Inovance Technology founded?

Inovance Technology was founded in 2003.

Is Inovance Technology safe?

Inovance Technology has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.