Recently, Inovance Technology Co., Ltd. (hereinafter referred to as "Inovance") and HGTECH Industrial Co., Ltd. (hereinafter referred to as "HGTECH") held a strategic cooperation exchange event focused on the high-end equipment manufacturing sector. The two parties clarified their future intent to strengthen the depth and breadth of cooperation across various industries. The event was attended by Inovance Chairman Zhu Xingming, Inovance Vice President Zhou Bin, Inovance United Power Vice President Cao Haifeng, Inovance Central China President Wang Xiaojie, HGTECH Party Secretary and Chairman Ma, HGLaser General Manager Deng Jiake, and Deputy General Manager Wang Jiangang.

Inovance and HGTECH have maintained a strong collaborative relationship over the years, with mutual understanding and shared viewpoints. Through this strategic discussion, both companies explored further paths for upgrading equipment intelligence and production line automation. They focused on how new technologies in the perception field and robotics industry can be transformed into practical solutions to address pressing market challenges.

During the meeting, Chairman Ma warmly welcomed Chairman Zhu and his team, providing a detailed introduction to HGTECH's core business, innovative achievements, and application scenarios for their solutions. He stated that HGTECH is committed to market-driven innovation, focusing on application demands in automotive, shipbuilding, new energy, communication, and high-precision manufacturing. The company aims to develop a series of “industry-leading, domestically produced, and specialized innovative” products while continuously deepening high-level collaborations with outstanding enterprises. This will enhance the “new” and “intelligent” elements of their products, facilitating the digital transformation and intelligent upgrades of downstream companies, thereby assisting partners in achieving efficient and high-quality development while accumulating rich process data and industry experience. As the digital and industrial landscapes increasingly converge, Inovance, as a leader in domestic industrial automation control, has made significant explorations in cutting-edge fields. Both parties look forward to further practical cooperation in intelligent manufacturing equipment, sensors, new energy vehicles, general automation, and industrial robotics, promoting the trial and application of new processes, new equipment, and new technologies to usher in a new chapter of technological innovation.

In recent years, Inovance has made continuous breakthroughs on its path to internationalization, establishing several subsidiaries and offices abroad, with products sold in Germany, France, Italy, Turkey, South Korea, and other regions, providing high-quality products and services to global customers.

During the event, Inovance Chairman Zhu Xingming expressed that HGTECH is a respected enterprise. In this long-term marathon, HGTECH has demonstrated a strong national sentiment and powerful resource integration capability, continually deepening its expertise based on its technological advantages.

Amidst the dual waves of global manufacturing transformation and the flourishing development of emerging technologies, both Inovance and HGTECH continue to innovate, actively embracing new challenges and seizing new opportunities in industry development. At the same time, HGTECH has achieved new breakthroughs in business product innovation, particularly in areas such as perception technology, information communication technology, and laser processing technology. Both companies are closely collaborating to explore value points and develop new technologies, leveraging end-user scenarios as a key element to create differentiated solutions that enhance their core competitiveness and deliver greater value to customers.

Through this exchange activity, both parties confirmed their intent to collaborate deeply in the development and manufacturing of laser intelligent equipment, jointly enhancing manufacturing standards and market competitiveness in the fields of sensing, robotics, and new energy vehicles. This strategic cooperation not only marks a new stage in the collaboration between Inovance and HGTECH but also provides strong support for the high-quality development of manufacturing both in China and globally. Both parties will use this signing as an opportunity to further deepen cooperation and jointly face the future challenges of the manufacturing industry.