New stock news | Wuxi Lead Intelligent Equipment (300450.SZ) submitted an application to the Hong Kong Stock Exchange to become the world's largest provider of new energy smart equipment and solutions.

According to the disclosure of the Hong Kong Stock Exchange on February 25th, Wuxi Lead Intelligent Equipment Co., Ltd. (hereinafter referred to as Wuxi Lead Intelligent Equipment) (300450.SZ) has submitted an application to the Hong Kong Stock Exchange for listing on the main board, with CITIC SEC and J.P. Morgan as its joint sponsors. The prospectus shows that Wuxi Lead Intelligent Equipment is a global leading high-end intelligent equipment platform enterprise, providing highly competitive intelligent manufacturing equipment and solutions for many emerging, high-end manufacturing industries. The company is located in one of the most dynamic and potential industrial ecosystems in the world, and its equipment and solutions are widely used in various fields such as lithium battery, photovoltaic battery, 3C electronic product manufacturing, intelligent logistics, hydrogen production, fuel cell production, automotive manufacturing, and laser precision processing. According to Frost & Sullivan data, based on the order value in 2024, the company is the world's largest provider of new energy intelligent equipment and solutions, with a global market share of 9.1%, an increase of 3.3 percentage points from 2023. Specifically, based on the order value in 2024, the company's global market share in lithium battery intelligent equipment and lithium battery intelligent logistics equipment is 22.4% and 23.8% respectively. As of September 30, 2024, the company is the only full-line solution provider with complete independent intellectual property rights in the field of lithium battery intelligent equipment globally. It also has industry-leading product strength and market share in key equipment. In 2024, based on shipments, the market share of the company's winding machines and stacking machines each exceeded 65% of the global market share, ranking first among global lithium battery intelligent equipment providers, and the stacking machine with the highest stacking efficiency ranked first among global lithium battery intelligent equipment providers. In addition, the company is the only provider of intelligent equipment for cylindrical batteries in the world. Also, based on shipments, the company's global market share of post-processing assembly line equipment for cylindrical battery exceeded 40%, ranking first among lithium battery intelligent equipment providers. In addition, based on the order value in 2024, the company is the world's largest supplier of intelligent logistics equipment for lithium battery production and manufacturing, with a market share of 23.8%. Wuxi Lead Intelligent Equipment has realized product sales and solution delivery in more than 20 countries and regions including Germany, France, Sweden, the United States, Japan, and Korea, and has successively cooperated with leading overseas automobile manufacturers such as Tesla, Volkswagen, BMW, Mercedes, Toyota, LG, SKOn, Samsung SDI, Panasonic, and ACC, accumulating product sales and brand influence worldwide. The company has also deep partnerships with leading domestic clients such as Contemporary Amperex Technology, ATL, CALB, Eve Energy Co., Ltd., Vision Energy, Gotion High-tech, Honeycomb Energy, Sunwoda Electronic, BYD Company Limited, becoming their partners in international expansion. In terms of finances, in the nine months ending September 30 of 2022, 2023, and 2024, Wuxi Lead Intelligent Equipment's revenue was approximately 13.836 billion yuan, 16.483 billion yuan, and 9.038 billion yuan respectively; during the same period, net profits were around 2.318 billion yuan, 1.771 billion yuan, and 587 million yuan respectively.