Innuovo Technology (000795)2025-01-10 01:34Company Overview - The company operates in three main business segments: magnetic materials, electromechanical products, and health equipment, with a focus on "refining electromechanical, strengthening magnetic materials, and optimizing downstream applications" [1] - Magnetic materials account for nearly 60% of revenue, electromechanical products over 20%, and health equipment approximately 20% [1] Magnetic Materials Business - The company is actively expanding into new energy and green energy-saving sectors while maintaining its core advantages in existing markets [2] - Current magnetic material production capacity is around 13,000 tons, with a utilization rate of approximately 70-80% [3] - Revenue from applications in automotive parts, energy-efficient home appliances, high-end audio, and energy-saving elevators is relatively high [2] Electromechanical Products - The electromechanical product line includes various motors (DC, AC, brushless, stepper, servo), electric actuators, and gear reducers [4] - The main applications for these products are in health mobility, smart home, agricultural machinery, security systems, and intelligent logistics [4] - The company has over 20 years of experience in the micro-special motor field, providing comprehensive power system solutions [4] Health Equipment Segment - The health equipment products primarily include electric wheelchairs and mobility scooters, made from materials like iron, aluminum, carbon fiber, and magnesium alloy [7] - Sales channels include major online platforms in China, while overseas sales focus on ODM and OEM [7] - Future plans involve expanding product categories around health and wellness, leveraging new materials and technologies [7]