Shenzhen Inovance Technology (300124.SZ): It is expected that demand generated by the replacement of existing elevators and technology upgrades will gradually increase.

Gelonghui Finance · Aug 5 03:26

On August 5th, Gelonhui reported that Shenzhen Inovance Technology (300124.SZ) stated during their investor relations event that the elevator inventory in the Chinese market has neared 10 million. Based on elevator lifespan and past sales, it is expected that demand for replacement/maintenance markets will continue to increase. At the same time, the elevator industry is also undergoing technological updates, introducing new energy-saving and smart technologies in the development direction of green elevators and smart elevators. It is expected that the demand brought by the replacement of the existing elevators and technological updates will gradually rise.

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汇川技术(300124.SZ)：预计存量电梯替换以及技术更新带来的需求会逐渐起来

Shenzhen Inovance Technology (300124.SZ): It is expected that demand generated by the replacement of existing elevators and technology upgrades will gradually increase.

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