Industrial Machinery and Supplies and Components

WUXI LEAD

Citibank Raises Target Price and Profit Forecast for Pioneer Smart

Xlead Intelligent and Beijing Humanoid Robot Innovation Center Sign Strategic Cooperation Agreement

BofA Securities Downgrades Profits Forecast but Raises Target Price for Winbond

Jefferies Gives Buy Rating to Winbond Intelligent Equipment H Shares

BofAS Raises Lead Intelligent's Target Price to HKD 64 and Maintains Buy Rating

Xiao Dao Intelligent Announces Revenue and Net Profit Growth in Q1 2026

WUXI LEAD released FY2026 Q1 earnings on April 28 During-Market (BJT), actual revenue HKD 4.184 B (forecast HKD 5.251 B), actual EPS HKD 0.2947

WUXI LEAD to release FY2026 Q1 earnings on April 28 During-Market (BJT), forecast revenue HKD 5.31 B

Xiaodian Intelligent Announces 2025 Yearly Report with Significant Revenue and Profit Growth

BoA Securities Gives Sinomach X 先导智能 a Buy Rating with a Target Price of HKD 57

X 先导智能 Revenue and Profit Soar in 2025

先导智能 reports 2023 fiscal year net profit of 1.5598 billion yuan

Pandanus Associates Inc. reduced its shares in 先导智能 (00470)

WUXI LEAD released FY2025 earnings on March 30 Pre-Market (BJT), actual revenue HKD 15.79 B (forecast HKD 16.02 B), actual EPS HKD 1.0929 (forecast HKD 1.1804)

WUXI LEAD released FY2025 Q4 earnings on March 30 Pre-Market (BJT), actual revenue HKD 4.453 B (forecast HKD 4.148 B), actual EPS HKD 0.2669

X 先导智能 Delivers New Energy Storage Battery Line to Green Energy Solutions Supplier

WUXI LEAD to release FY2025 earnings on March 30 After-Market (BJT), forecast revenue HKD 18.13 B, EPS HKD 1.1576

Citibank Initiates Coverage With Buy Rating on PowerSmart Technology

Fidelity International Reduced Xlead Intelligent To 642,500 Shares

Lead Intelligent Exercises Over-allotment Option to Issue 400,000 H Shares

FAMEGLOW

HAICHANG HLDG

TJCD

NEW GONOW RV

HUISHENG INTL

CH DEMETER FIN

ZHONGSHENJIANYE

51WORLD

SAU SAN TONG

Ordinary dividend (cash)

Ex Date: 2026.05.26, Cash dividend 0.3247 HKD

00470

Citi analyst Jamie Wang has maintained a Buy rating on Wuxi Lead Intelligent Equipment Co., Ltd. Class H (0470) with a price target of HK$67.00. Wang, a 3-star analyst, has an average return of 3.3% and a success rate of 58.33%. Additionally, Goldman Sachs also holds a Buy rating on the stock with a price target of HK$55.60, as reported on April 29.

Tip Ranks

Citigroup

Goldman Sachs

CITIGROUP INC 6.250 NON CUM SER II PFD WI

GS Hldg R

Wuxi Lead Intelligent Equipment Co., Ltd. Class H (0470) Receives a Buy from Citi

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Citi has raised the target price for WUXI LEADfrom HKD62 to HKD67, maintaining a Buy rating. The company’s Board Secretary indicated that 2026 is unlikely to be the peak of the current upcycle due to capacity expansions and advancements in battery technology. New orders are expected to grow by 40-50% YoY, surpassing previous guidance. Solid-state battery orders are projected to reach RMB2 billion in 2026, with equal contributions from domestic and overseas customers.

AASTOCKS News

Citi Raises WUXI LEAD  TP to HKD67; 2026 Unlikely to Be Upcycle Peak

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LDROBOT(01236) fell 14%, with a trading turnover 181.1 Million HKD, and a year-to-date rose 95.8%. PRODUCTIVE TECH(00650) fell 12.12%, with a trading turnover 38.3 Million HKD, and a year-to-date rose 208.5%. CHINA STAR ENT(00326) fell 11.41%, with a trading turnover 239.3 Million HKD, and a year-to-date rose 179.7%.

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LDROBOT

PRODUCTIVE TECH

CHINA STAR ENT

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CH MODERN D

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Top 10 HK Stock Losers (5.12)

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NEW VISION CO(02632) rose 21.88%, with a trading turnover 41.7 Million HKD, and a year-to-date rose 137.6%. MONTAGE TECH(06809) rose 16.78%, with a trading turnover 1.9 Billion HKD, and a year-to-date rose 200.9%. DELTON(01989) rose 14.5%, with a trading turnover 657.1 Million HKD, and a year-to-date rose 198.8%.

NEW VISION CO

MONTAGE TECH

DELTON

GIGADEVICE

DONGWU CEMENT

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GUANZE MEDICAL(02427) fell 11.96%, with a trading turnover 48.2 Million HKD, and a year-to-date rose 1164.2%. CHINA EDU GROUP(00839) fell 9.48%, with a trading turnover 25.2 Million HKD, and a year-to-date fell 32.3%. WUXI LEAD(00470) fell 8.67%, with a trading turnover 109.8 Million HKD, and a year-to-date rose 18.4%.

GUANZE MEDICAL

CHINA EDU GROUP

STAR SHINE HLDG

ADD NEW ENERGY

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Top 10 HK Stock Losers (5.4)

Wuxi Lead Intelligent Equipment Co., Ltd. Class H (0470) has received a Buy rating from Jefferies, with a price target of HK$77.00. The stock closed at HK$56.55. The analyst consensus is a Strong Buy with an average price target of HK$62.65, indicating a potential upside of 10.79%. Goldman Sachs also maintains a Buy rating with a price target of HK$55.60.

Jefferies Financial

Wuxi Lead Intelligent Equipment Co., Ltd. Class H (0470) Receives a Buy from Jefferies

BofAS has raised the target price for WUXI LEADfrom HKD57 to HKD64, maintaining a Buy rating. The company reported a 1Q revenue of RMB3.7 billion, a 19% YoY increase but 15% below expectations, with a gross margin of 33.6%. Net profit was RMB405 million, up 11% YoY but also below forecasts. WUXI LEAD anticipates margin improvement in the coming quarters as high-margin battery equipment orders are recognized. Earnings forecasts for 2026 and 2027 were lowered by 2% and 1%, respectively.

Bank of America

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

BofAS Raises WUXI LEAD  TP to HKD64, Company Guides for Margin Improvement

Wuxi Lead Intelligent Equipment Co., Ltd. reported a 19.11% increase in Q1 2026 revenue to RMB 3.69 billion and a 10.99% rise in net profit to RMB 405 million. Operating cash flow surged 44.38% to RMB 1.25 billion, indicating improved efficiency. Total assets grew 18.98% to RMB 46.49 billion, while owners' equity rose 35.99% to RMB 17.87 billion, strengthening the balance sheet. Analysts rate the stock as a Buy with a target price of HK$50.80, reflecting confidence in the company's growth potential in the intelligent equipment sector.

Wuxi Lead Posts Double-Digit Q1 2026 Growth and Strengthens Balance Sheet

Bank of America Securities initiated coverage on WUXI LEAD with a "Buy" rating and a target price of HKD 57, based on a 35 times projected price-to-earnings ratio for 2026. It is expected that China's battery capital expenditure will recover in the fourth quarter of 2024, and all-solid-state batteries will bring more equipment orders in the next five years. WUXI LEAD's stock price rose 9% today, currently reported at HKD 46.2, with a trading volume of 1.5399 million shares

AASTOCKS

WUXI LEAD's stock price rose 9%, receiving a "Buy" rating from Bank of America with a target price of 57 yuan

WUXI LEAD(00470.HK)