WUXI LEAD (00470) saw its shares rise over 14% during the trading session, reaching a high of HKD 61.25, setting a new record since its listing. As of the time of writing, the stock was up 4.87%, trading at HKD 55.90, with a turnover of HKD 308 million.

Recent developments in the solid-state battery sector have been frequent. Companies such as Gotion High-tech and Sunwoda have successively disclosed progress in the research, development, and mass production of related products. Concurrently, multiple local projects have commenced production, started construction, or been signed, indicating a robust growth trend across the market. Furthermore, in the first quarter of 2026, the domestic solid-state battery industry chain completed seven public financing rounds, supplemented by two key overseas financing activities. Excluding projects with undisclosed amounts, the total financing scale has exceeded RMB 1.5 billion.

Analysts point out that WUXI LEAD currently possesses dry and wet mixing and coating equipment suitable for all-solid-state electrode preparation, an ultra-high-precision lithium foil preparation system and high-vacuum R2R lithium plating machine for metallic lithium anode production, and specialized solid-state composite transfer equipment for solid electrolyte film fabrication. The company has also developed a highly efficient integrated frame lamination and stacking machine tailored to the physical and electrochemical properties of solid-state raw materials, along with large-capacity isostatic presses for interface bonding enhancement. WUXI LEAD can provide customized full-line solutions spanning from material preparation and electrode processing to cell assembly.