Recently, in a research discussion with institutions, Inovance Technology disclosed that its automation business has witnessed a remarkable surge this year. This growth is primarily attributed to four pivotal factors:
Firstly, the impetus from the AI industry ecosystem, encompassing the burgeoning sectors such as investments in AI computing infrastructure, humanoid robotics, and energy storage solutions, has significantly fueled demand across related domains including optical modules, PCBs, liquid-cooled machine tools, and semiconductor equipment.
Secondly, the industry's resurgence is evident, with sectors like lithium batteries, automotive manufacturing equipment, machine tools, mobile phones, logistics, electrification of construction machinery, and semiconductors all experiencing robust growth.
Thirdly, the momentum from Chinese equipment exports plays a crucial role. As China's equipment manufacturing industry enhances its global competitiveness, Inovance Technology has strategically expanded its market presence by accompanying clients in their overseas ventures.
Lastly, the ongoing deepening of import substitution efforts further contributes to the company's growth trajectory.