Inovance Technology's subsidiary United Power launches IPO, plans to raise 4.85711 billion yuan

Recently, the Shenzhen Stock Exchange has accepted the IPO application of United Power, a subsidiary of Inovance Technology. United Power plans to list on the A-share Growth Enterprise Market, with Guotai Junan Securities as the sponsor, and the estimated financing amount is 4.85711 billion yuan. As the industry leader in new energy vehicle power systems, United Power's main products include core components such as new energy vehicle electric drive systems (electronic control, motors, three-in-one/multi-in-one drive assemblies) and power systems (on-board chargers, DC/DC converters, two-in-one/three-in-one power assemblies).