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Innuovo Technology Co Ltd Class A

Innuovo Technology Co., Ltd. researches, develops, produces, sells, imports, and exports rare earth permanent magnet materials in China and internationally. It also manufactures motors and related products, including AC, DC, permanent magnet, brushless, stepper, and servo motors, electric push rod actuators, parallel shafts, worm gears, planetary gear reducers, motor drives, and mobility scooters. The company additionally offers gearboxes, electrical machinery, general and special equipment, communication equipment, computers, other electronic equipment, and electric wheelchairs, and is involved in clean energy generation and the production and sale of solar and wind generation devices and complete sets. It also sells power-assisted bicycles, scooters, and spare parts, engages in private equity investment, investment management, and investment consulting, and produces NdFeB magnetic materials. Its products are used in electroacoustics, wind power generation, smart home appliances, traction machines, industrial motors, automobiles, speakers, air-conditioning compressors, mobile terminals, health travel, gardening and agricultural machinery, special home appliances, security, smart logistics, and other fields. Formerly known as Taiyuan Shuangta Ganyu Co., Ltd., it changed its name to Innuovo Technology Co., Ltd. in March 2016, was founded in 1997, and is based in Jinhua, China.

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Tospo Lighting to invest up to 55 million yuan in partnership, with Hengdian Eastmagnetic and Innuovo among related parties co-investing

Tospo Lighting announced on September 23 that it plans, as a limited partner, to subscribe for a 3.33% stake in Hengdian Bohui Venture Capital Hangzhou Partnership with up to 55 million yuan of its own funds. The partnership has a target capital size of 1.65 billion yuan, of which Hengdian Eastmagnetic will contribute 165 million yuan for a 10% stake, and Innuovo will contribute 55 million yuan for a 3.33% stake. Hengdian Capital, Hengdian Eastmagnetic, Innuovo, and Nanhua Capital, all under the company's controlling shareholder Hengdian Group Holdings, are participating in the subscription, and Sanheng Investment, an enterprise controlled by a director of the controlling shareholder, is also participating in this investment. In addition, company directors Xu Wencai, Hu Tiangao, and Lyu Yuelong serve as directors at the fund manager Hengdian Capital, making this transaction a related-party transaction. The partnership will make equity investments in high-growth, high-tech enterprises to generate good investment returns for all partners. In the first half of 2026, Tospo Lighting achieved revenue of 2.043 billion yuan and net profit attributable to the parent of 76.39 million yuan.
603303.CG · Capital · Positive Tospo Lighting will invest up to 55 million yuan of its own funds as a limited partner in the Hengdian Bohui venture capital partnership.
000795.CS · Capital · Positive Innuovo will contribute 55 million yuan for a 3.33% stake in the Hengdian Bohui venture capital partnership.
002056.CS · Capital · Positive Hengdian Eastmagnetic will contribute 165 million yuan for a 10% stake in the Hengdian Bohui venture capital partnership.
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Innuovo Technology first-half net profit 129 million yuan, plans dividend of 0.47 yuan per 10 shares

Innuovo Technology disclosed its 2026 semi-annual report on August 26. In the first half of the year, it achieved total operating revenue of 2.213 billion yuan, up 27.63 percent year on year. Net profit attributable to the parent company was 129 million yuan, down 10.45 percent year on year. Non-recurring net profit was 104 million yuan, down 8.78 percent year on year. The company plans to distribute a cash dividend of 0.47 yuan per 10 shares, tax included, to all shareholders. During the reporting period, net cash flow from operating activities was negative 110 million yuan, compared with 60.5161 million yuan in the same period last year. As of the end of the first half of 2026, the company's inventory book value was 1.177 billion yuan, accounting for 44.57 percent of net assets, an increase of 284 million yuan from the end of last year.
000795.CS · Capital · Negative Net profit fell 10.45% YoY despite revenue growth, and operating cash flow turned negative.
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Innuovo Technology 2026 Interim Report Net Profit 129 Million Yuan, Down 10.45% Year-on-Year

Innuovo Technology released its 2026 interim report. Total operating revenue was 2.213 billion yuan, and net profit attributable to the parent company was 129 million yuan, down 10.45% from the same period last year. Net cash flow from operating activities was negative 110 million yuan, a year-on-year decline of 282.05%. The company's asset-liability ratio was 43.55%, gross margin was 19.69%, return on equity was 4.88%, and diluted earnings per share was 0.12 yuan. The number of shareholders was 96,200, and the top ten shareholders held 51.94% of the total share capital.
000795.CS · Capital · Negative Net profit down 10.45% year-on-year and operating cash flow sharply negative.
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