New Stock News | Wuxi Lead Intelligent Equipment's (300450.SZ) Hong Kong IPO approved for registration.
On January 21, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice on the Overseas Issuance and Listing Approval for Wuxi Xindao Intelligent Equipment Co., Ltd."
On January 21st, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice of Overseas Issuance and Listing Filing of Wuxi Lead Intelligent Equipment Co., Ltd." Wuxi Lead Intelligent Equipment (300450.SZ) plans to issue no more than 200,123,000 shares of overseas-listed common stock and list on the Hong Kong Stock Exchange.
According to the prospectus, Wuxi Lead Intelligent Equipment is a new energy intelligent equipment company that provides intelligent equipment and solutions for various emerging industries. The manufacturing equipment and solutions delivered by the company are widely used in applications such as lithium batteries, photovoltaic cells, computer, communication, and consumer electronics (3C) manufacturing, intelligent logistics, hydrogen production and fuel cell manufacturing, automobile manufacturing, and precision laser processing.
Wuxi Lead Intelligent Equipment's intelligent equipment is equipped with industrial control software, which can streamline multiple production processes, help customers transition to highly automated unmanned factories, further reduce labor costs, improve production efficiency, and promote their green initiatives. For example, through deep integration of data-driven algorithms, digital twin simulation, and dynamic scheduling optimization software, the company has developed unmanned intelligent logistics equipment that empowers customers with intelligent production solutions, promoting the establishment of "unmanned factories" and "intelligent factories."
Wuxi Lead Intelligent Equipment has established deep cooperative relationships with the highest-quality customer base in various fields and has attained a leading market position in the new energy field. According to the Frost & Sullivan data, based on 2024 revenue, Wuxi Lead Intelligent Equipment is the world's largest supplier of intelligent equipment for lithium batteries, with a global market share of 15.5%.
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