Photovoltaic and energy storage are such large industries, and Inovance has such strong power electronics technology, but it actually missed such a huge market.

Inovance Technology: The company currently does not produce inverter products, but the company has been deeply involved in the photovoltaic industry for many years, and its servo and robot products have been applied in batches. The company focuses on the development of products and solutions based on power electronics and energy control technologies, and has launched a variety of energy storage inverters and 100kw/230kwh battery energy storage integrated products on the 1000V/1500V platform, and has built multiple project model sites. According to EESA statistics, Inovance Technology ranked fifth in the domestic energy storage medium and high-power PCS shipments of Chinese companies in 2021, and ranked seventh in the global energy storage medium and high-power PCS shipments of Chinese companies.