Deduced the relationship between the power factor (PF) and the angular frequency according to the simplified equivalent circuit of asynchronous motor, forming a power factor auto-control system. An anti-interference circuit was also introduced in the middle voltage link of inverter to avoid the shift of the optimum PF point caused by the change of the load and the reliable run of the control system was assured. The experiment results show that it has a good self-adaptation in the whole scope of speed adjustment and an obvious economization on energy while it runs under load.