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.