HK Stock Market Move | Wuxi Lead Intelligent Equipment (00470) rises over 6%; seven government departments issue the "15th Five-Year Plan" for the new-type battery industry, and solid-state battery development is expected to accelerate.

Wuxi Lead Intelligent Equipment (00470) rose over 6%, up 6.04% as of press time, at HK$27.04, with a turnover of HK$26.474 million. On the news front, the "15th Five-Year Plan for the Development of the New-Type Battery Industry," jointly formulated by seven government departments including the Ministry of Industry and Information Technology, was officially released on September 28. The Plan proposes the goal that by 2030, China's new-type battery industry scale will achieve steady growth; innovation capabilities across the entire chain will continue to strengthen, advanced materials will achieve new breakthroughs, research and development of new-system batteries will make major progress, all-solid-state batteries will initially achieve large-scale application, the cycle life of long-life lithium batteries will reach 15,000 cycles, and the product defect rate of leading enterprises will reach the PPB (parts per billion) level. Wuxi Lead Intelligent Equipment pointed out that as early as 2024, the company had already established a full-process mass production chain for solid-state batteries and launched a complete production line solution for all-solid-state batteries. It has currently completed the delivery and implementation of multiple sets of complete solid-state battery equipment. In addition, in the cell densification segment, the company's warm isostatic press has also achieved a technological breakthrough, enabling three-dimensional uniform pressure densification of solid-state batteries, thereby increasing cell density to over 95% and accelerating the industrialization process of solid-state batteries.