HK Stock Market Move | Wuxi Lead Intelligent Equipment (00470) rises by more than 9% to reach a new high. The company now has the complete ability to produce solid state battery equipment.
Sinotrans Intelligent (00470) rose by over 9%, reaching a high of 58.5 Hong Kong dollars, setting a new record high for the company. As of the time of writing, it has risen by 7.04%, trading at 57.05 Hong Kong dollars, with a turnover of 76.6272 million Hong Kong dollars.
Wuxi Lead Intelligent Equipment (00470) surged over 9%, reaching a high of 58.5 Hong Kong dollars, setting a new record since its listing. As of the time of writing, it rose 7.04% to 57.05 Hong Kong dollars, with a trading volume of 76.6272 million Hong Kong dollars.
On the news front, in recent days, there have been constant updates in the field of solid-state batteries, with companies like Gotion High-tech and Sunwoda Electronic disclosing progress in the research and development and mass production of related products. At the same time, multiple projects have started production, construction, or signing contracts in various places, showing a hot development trend in the market. In addition, in the first quarter of 2026, a total of 7 public financing cases were completed in the domestic solid-state battery industry chain, combined with 2 core financing practices overseas. After excluding projects with undisclosed amounts, the total financing scale has exceeded 1.5 billion RMB.
Shenwan Hongyuan Group pointed out that Wuxi Lead Intelligent Equipment currently has dry and wet mixing and coating equipment suitable for all-solid-state electrode preparation, ultra-high-precision lithium foil preparation system for metal lithium negative electrode preparation, high vacuum R2R lithium plating machine, solid-state composite transfer printing equipment for solid-state electrolyte membrane preparation, and ultra-high-efficiency jelly frame composite cutting and stacking machine developed for the physical and electrochemical properties of solid-state raw materials, as well as a large-capacity isostatic press for interface strengthening. The company can provide customized whole-line solutions from material preparation, electrode processing to cell assembly.
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