CategoryIndustrial Robots
Appears inManufacturing robots
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).
Verified record
- Verified deployments
- 1 deployment on file
- Active incidents
- None on file
Key facts
CEO
HQ
Founded
Revenue
Market share
Robot shipments
New businesses
Incidents
Data & sources
Web sources
1
1 source backing this record.View all →
Models (1)
View all models →Inovance Technology on the deployment map
Where Inovance Technology's robots are verified operating. Explore the deployment map by place and type.
Relationships
Current leadership (1)
- Zhu Xingming CEOreported, not verified
Safety record
No incidents on record for Inovance Technology.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Operated deployments (1)
- Inovance IRS111-20Global
Operator customers (1)
- Inovance Technology1 deployment
Recent coverage
Inovance Technology in third-party press
Peer companies
- Savoye5 models
- Ambi Robotics2 models
- FANUC Corporation2 models
- Mitsubishi Electric FA2 models
- Plus One Robotics2 models
- ScriptPro2 models
Supplies to (2)
Actuators & motors
- Unitree RoboticsInovance servo motors -- reported upstream servo supplier to domestic robot brands incl. Unitree (reporting)suppliesclaimed
- UBTech RoboticsInovance servo motors -- reported upstream servo supplier to domestic robot brands incl. UBTech (reporting)suppliesclaimed
Outbound supply edges from this company. Each relationship appears here when verified with at least two strong sources (maker-official / IR / regulatory / standards-body / verified tier-2). Sources are append-only; corrections add new sources rather than rewrite history.
Financial state
- Reporting basis
- private_disclosed
- Lifecycle stage
- growth
- Counterparty risk class
- low
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Verified media addedVerifiedJun 11, 2026
Inovance 6-Axis Robot in Action | High-Precision Industrial Automation
- Record createdJun 8, 2026
Added to the verified registry
Sources (1)
Common questions
- 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, FANUC Corporation, Mitsubishi Electric FA.
- 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.
- 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 54% 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.
Methodology: Verified · 1 source (no primary) · last reviewed 2026-07-18
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-07-18
Sources by quality tier
- 1
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Inovance Technology.Peer companies
- Savoye5 models
- Ambi Robotics2 models
- FANUC Corporation2 models
- Mitsubishi Electric FA2 models
- Plus One Robotics2 models
- ScriptPro2 models
In the press
Recent coverage mentioning Inovance Technology from third-party publications. Automatically surfaced; not part of the verified registry record.
Shenzhen Inovance Technology Q4 2025 Results
Inovance achieved ¥45.10 billion revenue in 2025, with new businesses (intelligent robots, digital energy) delivering 16% growth to ¥1.80 billion.
Top 10 Industrial Robot Manufacturers in China (2026)
Inovance ranked as China's leading servo motor and industrial automation manufacturer, shipping 5,000+ industrial robots in 2025 with 8.8% market share.
Machine-readable surfaces
- Markdown mirror: /companies/inovance.md
- RSS feed: /companies/inovance/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/ab5ea94f-ce9c-4957-8194-4ea361e4c77f
- Revision history: /companies/inovance/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Savoye5 models
- Ambi Robotics2 models
- FANUC Corporation2 models
- Mitsubishi Electric FA2 models
- Plus One Robotics2 models
- ScriptPro2 models
Reality vs attention
Inovance Technology draws attention at the 2nd percentile but verifies reality at the 33rd percentile among industrial_robot robots. Hype Gap -30.9, 17th widest among industrial_robot robots.
6-month trend
Analysis
Clean safety record across 1 verified deployment. Limited public visibility and press coverage relative to peers.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Jul 23, 2026