Shenzhen Inovance Technology Co Ltd
SZSE:300124
Shenzhen Inovance Technology Co Ltd's latest stock split occurred on Jun 4, 2021
The company executed a 1-for-1 stock split, meaning that for every share held, investors received 1 new share.
Before the split, Shenzhen Inovance Technology Co Ltd traded at 61.82 per share. Afterward, the share price was about 60.696.
The adjusted shares began trading on Jun 4, 2021. This was Shenzhen Inovance Technology Co Ltd's 5th stock split, following the previous one in May 18, 2016.
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Shenzhen Inovance Technology Co Ltd
Glance View
Founded in 2003, Shenzhen Inovance Technology Co Ltd has emerged as a formidable player in the industrial automation sector, brilliantly navigating China's rapid industrial modernization. Born in the technology hub of Shenzhen, Inovance quickly embraced the transformative changes sweeping across manufacturing landscapes worldwide. With an unyielding commitment to innovation and quality, the company carved out a niche for itself by developing and manufacturing a broad range of automation products, from frequency inverters and servo drives to electric vehicle components and motion control systems. This diverse product portfolio not only solidifies its standing in the industrial automation market but also positions it as a critical enabler of technological advancement within industrial ecosystems. At the heart of Inovance’s business model is a concerted focus on research and development, which paves the way for its cutting-edge product innovation. The company harnesses its engineering prowess to tailor solutions that enhance efficiency, reliability, and operational effectiveness for various industries, including textiles, power generation, and elevators. Revenue streams are primarily generated through the sale and integration of these automation solutions, which help businesses optimize processes and reduce operational costs. By continually adapting to evolving market demands and fostering close relationships with its customers, Inovance not only ensures a steady flow of income but also embraces a mission to elevate industrial productivity on a global scale.
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