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Inovance Technology announces a price increase for low-voltage variable frequency products, with a maximum increase of 10%
March 31, Huichuan Technology issued a product price adjustment notice: Recently, influenced by multiple factors in the global market, the prices of bulk commodities have become more volatile, and the prices of other core original components have also remained high, leading to a significant increase in the production costs of the company’s low-voltage variable frequency drive products. After careful consideration by the company’s management, it has been decided to adjust the prices of low-voltage variable frequency related products, with a price increase of 5% to 10%. Starting from April 27, 2026, all new orders will be executed at the adjusted prices. (Sina Finance)