Wuxi Lead Intelligent Equipment Co.,Ltd. (00470) shares surged over 6%, reaching HK$27.04 as of press time, up 6.04%, with a trading volume of HK$26.474 million.

On the news front, the "15th Five-Year Plan for the Development of the New Battery Industry," jointly formulated by the Ministry of Industry and Information Technology and six other government departments, was officially released on September 28.

The plan outlines the goal that by 2030, China's new battery industry scale will achieve steady growth; full-chain innovation capabilities will continue to strengthen, advanced materials will make new breakthroughs, research and development of new-system batteries will make significant progress, all-solid-state batteries will initially achieve large-scale application, the cycle life of long-life lithium batteries will reach 15,000 cycles, and the product defect rate of leading enterprises will reach the PPB (parts per billion) level.

Wuxi Lead Intelligent Equipment Co.,Ltd. stated that as early as 2024, the company had already established a complete process for mass production of solid-state batteries and launched a full-line solution for all-solid-state batteries. Currently, multiple sets of solid-state battery complete equipment have been delivered and put into operation.

Additionally, in the cell densification process, the company's warm isostatic press has also achieved a technological breakthrough, enabling three-dimensional uniform pressure densification of solid-state batteries, thereby increasing cell density to over 95% and accelerating the industrialization process of solid-state batteries.