HK Stock Market Move | Wuxi Lead Intelligent Equipment (00470) rises more than 5%, with a 10.99% year-on-year increase in net profit attributable to the parent in the first quarter. The company has already started to provide mass services to top companies in the sodium battery field both domestically and overseas.

Wuxi Lead Intelligent Equipment (00470) rose more than 5%, as of the time of writing, it was up 4.42% at HKD 59.05, with a turnover of HKD 43.486 million. On the news front, recently, Wuxi Lead Intelligent Equipment released its first-quarter performance for 2026, with an operating income of approximately 3.691 billion yuan, a year-on-year increase of 19.11%; net profit attributable to shareholders of the listed company was approximately 405 million yuan, a year-on-year increase of 10.99%; and basic earnings per share were 0.26 yuan. Huaxin Securities pointed out that Wuxi Lead Intelligent Equipment's cutting-edge technology layout is comprehensive, and the industrialization progress is leading. In addition, with the forward-looking production capacity and R&D investment planning, the long-term growth ceiling continues to open up. The company's solid-state battery equipment has successfully entered the supply chains of leading battery companies and well-known car manufacturers both domestically and abroad, completing batch deliveries and receiving repeat orders. The company's sodium-ion battery has the capability to deliver the entire process of intelligent manufacturing line, has 100% independent intellectual property rights, leading market share in the sodium battery equipment field, and has served leading domestic and foreign companies in batches.