HK Stock Market Move | Wuxi Lead Intelligent Equipment (00470) rose by over 5% and became a core component supplier for OPPO Find N6.

Wuxi Lead Intelligent Equipment (00470) rose more than 5%, up 5.21% to 45.66 Hong Kong dollars as of the time of writing, with a turnover of 1.26 billion Hong Kong dollars. On the news front, according to a recent report by the Science and Technology Innovation Board Daily, it has been revealed by sources in the supply chain that Wuxi Lead Intelligent Equipment has become a core component supplier for the OPPO Find N6. The supply chain source stated that this generation of OPPO folding products is dedicated to making breakthroughs in fold control, and a chip-level high molecular 3D printing technology developed jointly by OPPO and Lead Intelligent Equipment is considered one of the core technologies to solve fold control issues. In addition, a GF SEC research report pointed out that with the confirmation of the bottom of the lithium battery cycle and the strong willingness of downstream leading battery manufacturers to expand production capacity, it is optimistic about the growth potential of lithium battery equipment in the new cycle. It is recommended to pay attention to equipment manufacturers with complete delivery capabilities, and to focus on leading manufacturers of lithium battery assembly line solutions such as Wuxi Lead Intelligent Equipment.