HGtech and Inovance Technology Sign Strategic Cooperation Agreement to Explore Industry Innovation and Upgrading

On November 12, Inovance Technology and HGtech held a strategic cooperation signing ceremony in Suzhou. Inovance Technology's Chairman, Zhu Xingming, and HGtech's Party Secretary and Chairman, Ma Xinqiang, attended and witnessed the signing. Inovance Technology's Vice President, Zhou Bin, and HGLaser's Deputy General Manager, Wang Jiangang, signed on behalf of both parties. The two companies reached a consensus to support each other in fields such as laser equipment, automation technology, intelligent manufacturing, and sensor devices, with the goal of enhancing the overall competitiveness of both companies and their related industries.

Before the meeting, Chairman Ma and his team visited the Inovance Technology Industrial Control Museum, the smart production workshop, and the Inovance Technology Joint Power Laboratory. Through various scenarios showcasing daily life needs such as clothing, food, housing, and transportation, Inovance Technology demonstrated over 20 years of experience in meeting diverse demand scenarios. This further explained how Inovance Technology quickly provides customers with smarter, more precise, and cutting-edge integrated products and solutions, offering valuable context for the strategic cooperation between the two parties.

A beam of laser light is bringing the manufacturing industry into a new world. HGtech, which has spent 25 years exploring the power of this light, has moved from relying on imported advanced laser equipment to mastering core technologies. HGtech now provides high-quality products and services to global customers. Continuously pushing the boundaries, HGtech remains market-driven and innovation-focused, addressing applications in the automotive, shipbuilding, new energy, telecommunications, and high-precision manufacturing sectors. The company continues to deepen high-level cooperation with excellent enterprises to support its partners in achieving efficient and high-quality development.

During the meeting, both parties emphasized that the two companies have a solid foundation for cooperation in areas such as cutting, welding, and temperature sensing. They share a mutual understanding and consensus on innovation and are committed to surpassing industry leaders. In tackling key core technologies, both companies are willing to forgo short-term gains in pursuit of long-term value. They look forward to achieving multi-dimensional, multi-level, and multi-step communication and integration, promoting in-depth cooperation in strategic concepts, core production processes, and key elements. They also plan to further explore the trial and promotion of new processes, new equipment, and new technologies, and jointly open a new chapter in intelligent and digital technological innovation.

As a leader in the domestic industrial automation control field, Inovance Technology has made many breakthroughs in frontier areas. On the same day as the strategic signing, during Inovance Technology Week, the company showcased not only its mature star products and solutions but also focused on cutting-edge research achievements in AI-based automatic programming and knowledge assistant technologies, multi-modal visual perception, and embodied intelligent control technologies. The company's focus is on developing next-generation solutions while supporting the advancement of technological innovation and industrial upgrading.