HK Stock Market Move | Wuxi Lead Intelligent Equipment (00470) increased nearly 3% in the last trading session. The expansion momentum of the lithium battery industry over 26 years continues, and the company is the largest supplier of intelligent equipment for lithium batteries in China.

Wuxi Lead Intelligent Equipment (00470) rose nearly 3% at the close, rising 2.65% as of the time of writing, reaching 44.96 Hong Kong dollars, with a trading volume of 1.22 billion Hong Kong dollars. On the news front, according to data from the Gaogong Industry Research Institute, by 2025, there are more than 282 publicly funded projects in the entire lithium battery industry chain in China, with a total investment exceeding 820 billion yuan, a year-on-year increase of more than 74%. The momentum of expansion is expected to continue in 2026. Industry experts believe that with the ongoing global transformation to electric vehicles and the acceleration of solid-state battery industrialization, the demand for capacity expansion from top-tier automakers and battery factories will continue to be released. Wuxi Lead Intelligent Equipment is expected to further consolidate its leading position in the global market through its technological advantages in complete line projects and abundant order reserves, achieving high-quality growth in the global new energy industry transformation wave. According to the prospectus, Wuxi Lead Intelligent Equipment's intelligent equipment is equipped with industrial control software that can streamline various production processes, helping customers transition to highly automated unmanned factories to further reduce labor costs, enhance production efficiency, and promote their green initiatives. According to data from Frost & Sullivan, based on revenue in 2024, lithium battery intelligent equipment accounts for approximately 13.5% of the global new energy intelligent equipment market. In the same year, based on revenue, Wuxi Lead Intelligent Equipment was the largest supplier of lithium battery intelligent equipment globally, with a market share of 15.5%, and also the largest supplier of lithium battery intelligent equipment in China, with a market share of 19.0%.