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Milestones
2018
  • Reached strategic cooperation with Meituan Takeout, facilitating automated delivery

  • Signed a strategic cooperation agreement with J.S. Machine on Jul. 6

  • Opening of INOVANCE University on Jul. 4

  • Signed a strategic cooperation agreement with Infineon on Jun. 27

  • Launched the new INOVANCE logo on May 18

  • Held the first INOVANCE Supplier Conference on Apr. 27

  • Released the new publicity film of INOVANCE in the year-end party of 2017

2017
  • In late 2017, Kingway won the bid for vehicle traction system of Ningbo rail transit line 2, phase II, realizing a new breakthrough in orders for metro in cities outside Suzhou.

  • Selected into "Top 10 China's Listed Companies with the Strongest Sense of Social Responsibilities in 2017”

  • Obtained the fund support in the first batch of national key research project "Intelligent Robot”

  • Selected into the first batch of Suzhou independent brand enterprises and leading enterprises with excellent performance in advanced technology institute construction

  • Jiangsu New Energy Vehicle Powertrain Engineering Center was selected as provincial engineering center in 2017

  • Participated in the project "Key technology and complete equipment and application of island/shore-based high-power special power system", which won the grand prize of Chinese Award of Science and Technology in Mechanical Industry

  • Held the commencement ceremony of Intelligent Manufacturing Center on Oct. 24

  • The urban rail traction system developed independently by Kingway passed the operation test while carrying passengers.

  • Suzhou Inovance Automotive Co., Ltd. became the first enterprise in China to obtain ISO26262 functional safety certification for motor inverter used in EVs.

  • INOVANCE was selected into “2017 Suzhou's Top 50 Private Enterprises”

  • IS810N-INT won the gold award of the 4th Industrial Design Red Sail Award.

  • Won the bid for the variable frequency part of the electric control system in HZ32-5 drilling rig module, symbolizing the first use of domestic products in CNOOC offshore drilling rig module.

  • Released a brand-new intelligent lock screw scheme at the 3rd China Intelligent Equipment Industry Exposition and 6th China Electronic Equipment Industry Exposition held from Jul. 27 to Jul. 29.

  • Held the 2017 Annual Conference of New Technologies for Power Electronics and Variable Frequency Power Supply on Jul. 1 and 2.

  • Released the new generation of SCARA robot products and solutions in C-Touch and Display Shanghai on Apr. 25.

  • MD880 won the iF product design award 2017.

2016
  • Acquired Shanghai LAIEN Machine Tool Parts Co., Ltd.

2015
  • MD810 series standard drive (multidrive system) entered the market.

  • Suzhou plant, phase II, was put into operation.

  • Acquired Jiangsu Kingway Transportation Co., Ltd.

  • Awarded as "Key High-Tech Enterprises of National Torch Program in 2014”

2014
  • Selected into "Asia's 200 Best Under A Billion 2014”

2013
  • Acquired Ningbo EST Technology Co., Ltd.

  • Foundation of Nanjing Inovance Industrial Vision Technology Co., Ltd.

  • Foundation of Shanghai MoBst Elevator Technology Co., Ltd.

2012
  • Ranked No.1 in "2012 Forbes Most Potential SMEs"

2011
  • Ranked No.18 in "2011 China Potential Enterprises”

  • Opening of Suzhou Inovance Technology Co., Ltd.

2010
  • Listed in A shares GEM in Shenzhen Stock Exchange, stock code: 300124

  • Ranked No.1 in "Shenzhen's Top 500 Small and Medium-sized Industrial Enterprises”

2009
  • Selected into "Shenzhen's Top 500 Small and Medium-sized Industrial Enterprises in 2019”and ranked No.57 in "2009 China Potential Enterprises”

2008
  • Awarded as "National High-Tech Enterprise”

2007
  • ISO 9001:2000 quality management system passed TUV certificate

2006
  • Foundation of Shenzhen Inovance Control Technology Co., Ltd.

  • Foundation of Shenzhen Inovance Information Technology Co., Ltd.

2005
  • Awarded as "Shenzhen High-Tech Enterprise”

2004
  • Certified as the fifth batch of "Double-Soft Enterprise” in Shenzhen.

2003
  • Foundation of Shenzhen Inovance Technology Co., Ltd.

  • Foundation of Suzhou Monarch Control Technology Co., Ltd.