Wuxi Lead Intelligent Equipment Surges Over 10% as Battery Industry 15th Five-Year Plan Drives Growth; Company Continues to Advance Solid-State Battery Core Production Processes

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5 hours ago

Wuxi Lead Intelligent Equipment Co.,Ltd. (WUXI LEAD) (00470) shares jumped more than 10%, rising 10.21% to HK$30.02 as of press time, with a turnover of HK$123 million.

On the news front, the Ministry of Industry and Information Technology and six other government departments jointly issued the "15th Five-Year Plan for the Development of the New-Type Battery Industry," which sets targets including the initial achievement of large-scale application of all-solid-state batteries by 2030 and a cycle life of 15,000 cycles for long-life lithium batteries. The plan also calls for continued development of the lithium battery standards system and the advancement of standard formulation in key areas such as all-solid-state batteries and sodium batteries.

Debon Securities noted that investors should focus on the solid-state battery supply chain, covering upstream materials such as solid electrolytes, midstream equipment including isostatic pressing and dry electrode systems, and leading battery manufacturers with advanced technology.

It is understood that Wuxi Lead Intelligent Equipment has built a full-line solution covering the entire mass production process of all-solid-state batteries, achieving full process integration and comprehensive coverage of key equipment across all core stages. In the first half of this year, the company launched multiple standardized mass-production-grade core equipment including dry coating equipment, high-solid-content circulating kneading and dispersion equipment, solid-state cutting and stacking integrated equipment, and warm isostatic pressing equipment. In the second quarter of this year, the company continued to secure core orders from leading domestic and international battery companies and automotive OEMs, with products covering the full chain of core process equipment including dry electrodes, electrolyte coating, transfer printing, solid-state stacking, and warm isostatic pressing.

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