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AInnovation

Category: AI Agents

AInnovation is an enterprise AI solutions provider that focuses on developing and delivering AI-driven products and solutions to empower businesses, with a primary focus on the 'AI+Manufacturing' sector. AInnovation was founded in 2018. The company is led by Hocking Xu. Based in Beijing, China. Team size: 501-1000. Total funding raised: $132M. Latest round: Series D (IPO 2022). Key investors include Sinovation Ventures, SoftBank Vision Fund, CICC, China Everbright Limited.

Founded
2018
Headquarters
Beijing, China
Team size
501-1000
Total funding
$132M

Value proposition

To empower businesses with AI technology by providing full-stack AI products and solutions that improve business efficiency, reduce costs, and enhance value through intelligent automation and data-driven insights.

Products and solutions

ManuVision: A machine vision intelligence platform for industrial settings, used for quality inspection and process optimization., MatrixVision: An intelligent edge video platform., Orion: An automated machine learning platform that enables enterprises to build and manage their own AI models., AI solutions for financial services (e.g., fraud detection, risk management)., AI solutions for retail (e.g., smart store management, customer analytics).

Unique value

AInnovation differentiates itself through its 'AI+Manufacturing' focus, combining its proprietary AI platforms with deep industry-specific knowledge to deliver tangible business outcomes. Their two-pronged approach of merging advanced technology products with practical business scenario implementation allows for rapid and effective deployment.

Target customer

Enterprises in the manufacturing, financial services, and retail industries seeking to integrate artificial intelligence for digital transformation and operational efficiency.

Industries served

Manufacturing (especially steel, metallurgy, automotive, and high-tech/3C), Financial Services, Retail

Technology advantage

The company's core advantage lies in its full-stack AI capabilities, including its machine learning platform (Orion) and machine vision platform (ManuVision). This technological foundation allows them to create customized, industry-specific solutions that can be integrated into clients' existing workflows, providing a clear path to digital transformation and intelligent manufacturing.

How they differentiate

AInnovation differentiates itself by focusing on providing full-stack AI solutions that combine software and hardware for specific industries, particularly manufacturing, finance, and retail. They leverage their proprietary Mana AI platform to develop industry-specific applications like ChatBI and ChatDoc, aiming to drive the digital transformation of traditional sectors.

Main competitors

SenseTime, Megvii, 4Paradigm

Key partnerships

Hunlicar (Joint Venture for AI and Blockchain advancements), Sinovation Ventures (Key investor and strategic partner), Dassault Systèmes

Notable customers

Mars, Nestlé, Carlsberg, ZJS Express, Hunlicar (Joint Venture)

Major milestones

Founded in March 2018., Raised over $900M in funding through multiple rounds including a Series D., Successfully listed on the Hong Kong Stock Exchange (HKEX) in 2022., Developed its proprietary Mana AI platform for building and deploying AI models and applications., Formed a joint venture with Hunlicar in 2023 to advance AI and Blockchain technologies., Launched AInnoGC industrial LLM platform and AInnoGC Industrial Ontology Agent Platform in 2025-2026., FY2025 revenue reached RMB 1.513B (+23.8% YoY), with AI+Manufacturing at 80.9% of revenue.

Growth metrics

The company is publicly traded on the Hong Kong Stock Exchange (2121.HK). For FY2025 (ended Dec 2025), revenue was RMB 1.513 billion (~$210M USD), up 23.8% YoY. AI+Manufacturing revenue share reached 80.9%.

Market positioning

AInnovation is positioned as a leading enterprise AI solutions provider in China. The company focuses on high-value, industry-specific applications, particularly in smart manufacturing, where it holds a strong position in the Manufacturing Execution Systems (MES) market for food, beverages, and new materials.

Geographic focus

Primarily China, with headquarters in Beijing.

Patents and IP

Specific patent details are not widely publicized, but the company emphasizes its proprietary technology platforms like ManuVision and Orion as key intellectual property.

About Hocking Xu

Prior to co-founding AInnovation, Hocking Xu served as the Vice President of Legend Star, the accelerator and early-stage VC arm of Legend Holdings. He was also a Senior Manager at Legend Holdings, focusing on investment and portfolio management. His career also includes a stint at Lenovo Group.

Official website: