Inovance: The company’s industrial automation products have limited applications in the fiber optic cable industry in processes such as drawing, and others.

People’s Finance Network April 7, 2026—In a statement made on April 7 on an interactive platform, Inovance (002334) said that its industrial automation products have a small number of applications in processes such as drawing wires in the fiber-optic cable industry. The company will continue to monitor the technology upgrade needs of the fiber-optic cable industry and provide customers with tailored, scenario-based solutions.

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