Innuovo Technology Co., Ltd.

Chinese rare earth magnet and micro-motor maker

What Innuovo does

Innuovo makes rare earth permanent magnets — the powerful NdFeB magnets that go inside motors, speakers, wind turbines and appliances. It also builds the motors themselves, including AC, DC, brushless, stepper and servo motors, plus gear reducers and drives. On top of that, it sells finished mobility products like electric wheelchairs and scooters, and operates clean energy generation with solar and wind equipment.

How Innuovo makes money

It earns revenue by manufacturing and selling NdFeB magnetic materials and motors/gear reducers to industrial and consumer OEM customers in China and abroad, both as components and as finished products such as electric wheelchairs and mobility scooters. Additional income comes from clean energy generation equipment and sales, plus private equity investment and investment consulting activities.

Products & services

• NdFeB rare earth permanent magnets
• AC, DC, brushless, stepper and servo motors
• Gearboxes and reducers (parallel shaft, worm gear, planetary)
• Motor drives and electric push rod actuators
• Electric wheelchairs and mobility scooters
• Solar and wind power generation devices