On the morning of February 11, Lead Intelligent Equipment Co., Ltd. (“Lead Intelligent”; H-share code: 0470.HK; A-share code: 300450.SZ) officially rang the opening bell at the Hong Kong Stock Exchange, marking its successful listing on the Main Board and the formal launch of its A+H dual-capital platform strategy.
Representatives from top-tier global investment institutions and securities firms, including Oaktree Capital Management, L.P., Pinpoint Asset Management, Aspex Master Fund, Morgan Stanley & Co. International Plc, J.P. Morgan, and CITIC Securities, together with core partners such as CATL and Lead Intelligent’s executive leadership, attended the ceremony to witness this milestone moment. The event not only signified LEAD’s entry into the international capital markets but marked a significant step in the global rise of China’s high-end manufacturing sector.
Looking back on over two decades of entrepreneurship, LEAD’s journey reflects both the perseverance of a Chinese private enterprise dedicated to intelligent manufacturing and the broader evolution of China’s manufacturing industry from weak to strong. With a deep commitment to fortifying the nation through industry, Chairman Wang founded the company from a small workshop in 1999. Through continuous innovation and a keen understanding of industry trends, LEAD steadily expanded its global footprint and business scope, growing from a specialized equipment company into a world-leading provider of intelligent manufacturing solutions across lithium-ion batteries, photovoltaics, 3C electronics, automotive, intelligent logistics, hydrogen energy, and smart factories.
Every milestone achieved along the way has been made possible by the dedication of all LEAD’s employees, the trust of its partners, the confidence of its investors, and the strong support of the government. As Chairman Wang noted in his address, “This achievement belongs to everyone who has stood along with LEAD through every challenge and breakthrough.”
The successful listing on the Hong Kong Stock Exchange marks LEAD’s official entry into the A+H dual-capital era. This milestone provides a broader capital platform to support its global expansion, advanced R&D, and industrial chain extension, further enhancing the company’s international influence and bringing strong momentum into its high-quality development.
At the gala dinner, Executive Director Mr. Wang Lei emphasized on behalf of the management team that listing is not an endpoint, but a new call to scale greater heights. “Standing on Hong Kong’s international capital stage, our vision will be broader and our steps more resolute,” he said. “Looking ahead, LEAD will focus on three new chapters:”
First, anchoring on the frontier to forge new growth engines.
We will venture into new technological frontiers, pushing boundaries in solid-state batteries, AI-driven manufacturing, and robotics. By breaking through barriers, setting standards, and building truly unmanned factories, the company aims to continuously strengthen its technological moat with cutting-edge innovation.
Second, embracing globalization to explore a new landscape.
With Hong Kong as a strategic hub, LEAD will accelerate its global expansion—not only bringing Chinese equipment to the world, but also integrating global expertise for greater wisdom. We look forward to deeper collaboration with international partners, from technological synergy to capital cooperation, to explore the limitless potential of intelligent manufacturing.
Third, staying true to our mission and creating a new future together.
No matter how far the journey goes, LEAD’s original mission of “advancing industrial progress” never wavers. We will actively fulfill the social responsibilities through green intelligent manufacturing, contributing “LEAD strength” to global carbon neutrality and enabling intelligent manufacturing to benefit every corner of the world.
The Hong Kong listing represents a pivotal milestone in LEAD’s development and a new starting point in its journey toward globalization and intelligent transformation. Leveraging this opportunity, LEAD will continue to uphold its commitment to technological innovation and deepen its presence in the new energy intelligent manufacturing sector. By building stronger technological advantages, expanding global reach, and fulfilling social responsibilities, the company will strive to write a new chapter of high-quality development for China’s high-end manufacturing industry.
