Inovance Technology Western Headquarters and R&D Center Project Reaches Major Construction Milestone

Shenzhen Inovance Technology Co Ltd has achieved a significant construction milestone after completing the main structural framework of its Western Headquarters and R&D Center project in Fengdong New City, Xixian New Area, Shaanxi Province, China. Backed by a total investment of CNY 600 million, the development spans 31 mu and is designed with a planned gross floor area of approximately 68,000 square meters. The company expects the project to be fully completed and handed over by the end of 2027, supporting its long-term innovation and technology development strategy.

The project includes a dedicated research and experimental complex covering approximately 34,000 square meters. Once operational, the new facility will expand the company's engineering and innovation capabilities by providing modern infrastructure for research, product development, and technology validation. The investment reflects Inovance Technology's continued focus on strengthening its research ecosystem while supporting future industrial automation and energy technology programs.

Xi'an to Become Inovance Technology's Fourth Major R&D Hub

Following the completion of the project, Xi'an will serve as Inovance Technology's fourth major research and development center after its existing facilities in Shenzhen, Suzhou, and Nanjing. The new center will concentrate on several strategic technology fields, including advanced control technologies, digital energy, new energy vehicle systems, and industrial wireless networks. These research areas are expected to enhance the company's technological capabilities across multiple industrial and mobility applications.

Project Investment and Development Overview

The following table summarizes the major details of the Western Headquarters and R&D Center project.

Inovance Technology Western Headquarters and R&D Center Project Details

Expansion Builds on Existing Manufacturing Presence

The new R&D center complements Inovance Technology's growing presence in Xi'an. Earlier in 2025, the company's Xi'an Energy Storage and Power Systems Manufacturing Base officially began operations with a designed annual production capacity of 50 GWh. Together, the manufacturing facility and the upcoming research center are expected to strengthen Inovance Technology's capabilities in energy storage, industrial automation, and new energy vehicle technologies while supporting future product innovation and technological advancement.

Frequently Asked Questions

What is the Inovance Technology Western Headquarters and R&D Center project?
The Inovance Technology Western Headquarters and R&D Center is a CNY 600 million development located in Fengdong New City, Xixian New Area, Shaanxi Province, China. Covering 31 mu with approximately 68,000 square meters of planned gross floor area, the project includes a 34,000-square-meter research and experimental complex. Scheduled for completion by the end of 2027, it will become the company's fourth major R&D center and focus on advanced control technologies, digital energy, new energy vehicle systems, and industrial wireless networks.

What research areas will the Xi'an R&D center focus on?
The Xi'an facility will concentrate on advanced control technologies, digital energy solutions, new energy vehicle systems, and industrial wireless networks. These technology areas align with Inovance Technology's long-term research strategy and are intended to strengthen innovation across industrial automation and energy applications. The new center also complements the company's existing Xi'an Energy Storage and Power Systems Manufacturing Base, which began operations in 2025 with a designed annual production capacity of 50 GWh.