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InHand Networks

inhand.com.cn

Stage

IPO | IPO

Date of IPO

2/12/2020

About InHand Networks

InHand Networks (688080.SH) provides industrial IoT solutions for different industries.

Headquarters Location

302, 3rd Floor, Block F, Wangjing Technology Park Chaoyang District

Beijing, Beijing,

China

010-84170010

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InHand Networks Patents

InHand Networks has filed 1 patent.

The 3 most popular patent topics include:

  • Artificial intelligence
  • Artificial neural networks
  • Computational neuroscience
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/7/2018

4/27/2021

Artificial neural networks, Electric power distribution, Artificial intelligence, Electrical engineering, Computational neuroscience

Grant

Application Date

5/7/2018

Grant Date

4/27/2021

Title

Related Topics

Artificial neural networks, Electric power distribution, Artificial intelligence, Electrical engineering, Computational neuroscience

Status

Grant

Latest InHand Networks News

InHand Networks Posts Over 9% Revenue Growth in 1H 2020

Aug 26, 2020

InHand Networks Posts Over 9% Revenue Growth in 1H 2020 InHand Networks Posts Over 9% Revenue Growth in 1H 2020 The company almost doubled its assets and more than tripled its cash. By Zhu Peng Updated 37 minutes ago Image credit: InHand official website Technology company InHand Networks (688080:SH) released its semi-annual report on August 26. In the first six months of 2020, the company has generated CNY 135 million revenue, a 9.17% rise from the same period last year. Profit also increased 7.94% from 1H 2019, reaching CNY 22.7 million in absolute amount. Notably, total assets and operating cash flow surged to 730.2 million and 5.2 million respectively, representing a 92.52% and a 249% year-on-year growth rate. InHand Networks is an industrial communication product and IoT solutions provider. Its M2M products include M2M routers, wireless data terminals, edge computing gateways and industrial Ethernet switches. The company also offers solutions such as intelligent distribution networks monitoring systems and intelligent sales controlling systems for various vertical markets, for example, smart grids, smart cities and industrial mechanization. In order to perfect its global distribution, enrich its overseas selling channels and customer resources, enhance its competence and profitability, InHand Networks announced on July 21 that it will invest CAD 1 million to establish InHand Nord Inc., a wholly controlled subsidiary. Industrial IoT is an essential part of IoT. According to a research report from Marketsand Markets, the global market size of industrial IoT is about USD 64 billion in 2018 and the figure is estimated to achieve USD 90 billion in 2023. The infrastructure construction and industrial development in emerging markets such as China and India make Asian-Pacific the region with the highest CAGR in the industrial IoT market from 2018 to 2023. China Economic Information Service reports that industrial IoT will take up 25% of all IoT market at an amount of CNY440 billion. Three hours after the semi-annual report released, the share price of InHand Networks achieved a 1.69% increase.

InHand Networks Web Traffic

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InHand Networks Frequently Asked Questions (FAQ)

  • Where is InHand Networks's headquarters?

    InHand Networks's headquarters is located at 302, 3rd Floor, Block F, Wangjing Technology Park, Beijing.

  • What is InHand Networks's latest funding round?

    InHand Networks's latest funding round is IPO.

  • Who are the investors of InHand Networks?

    Investors of InHand Networks include Capital X and DFJ DragonFund.

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