At the beginning of 2021, Fortune China launched the list of China's Most Socially Impactful Startups, selecting companies that have achieved business success while addressing global challenges through technological or business model innovation, and demonstrated social impact.

This year, 60 startups made the list. According to Fortune China, these companies have made a significant social impact by solving societal problems through their business models. The list highlights that even in unconventional economic environments, companies that focus on innovation and social value are more likely to achieve the greatest success.

PassionIOT was included on the list due to its influence in the field of line-side material storage and handling. PassionIOT's flexible line-side storage solutions enhance production agility and intelligence, enabling companies to maintain a competitive edge in dynamic markets and explore new possibilities in smart manufacturing. As the first company in China to develop an intelligent line-side storage management system, PassionIOT leads innovation and industry applications with its self-developed core technologies and comprehensive product system. Currently, the company operates over 350 intelligent projects worldwide, covering more than 20 countries, including China, Malaysia, Vietnam, the United States, and Mexico. Its reliable, efficient, and high-return services have been recognized by numerous Fortune 500 companies globally.

Additionally, PassionIOT's Founder/CEO Li You, was invited to attend the gala dinner, where he shared insights on the development and future direction of SMD line-side storage solutions. PassionIOT is honored to be recognized by Fortune China as one of the most socially impactful startups in China. The company remains committed to aligning its growth with social contributions and focusing on customer needs to drive further technological advancement in the digital transformation of global manufacturing.