Wuxi Lead reports significant profit growth, strong operational performance in H1 2025

Wuxi Lead Intelligent Equipment Co., Ltd. reported a significant 61.19% increase in net profit attributable to shareholders, reaching 740.25 million yuan for the first half of 2025, up from 459.25 million yuan in the same period last year. Operating income also rose by 14.92% to 6.61 billion yuan. This growth was further supported by a 231.33% surge in net cash flow from operating activities, totaling 2.35 billion yuan.

The company's board of directors and supervisory board approved the semi-annual report and the reversal of asset impairment provisions. This reversal, totaling 129.35 million yuan, is primarily attributed to a substantial recovery in accounts receivable, leading to a turn-around in credit impairment from a loss of 328.84 million yuan to a gain of 233.91 million yuan.

Wuxi Lead Intelligent Equipment reiterated its commitment to continuous innovation, with research and development expenses reaching 826.84 million yuan, reflecting sustained investment in core technologies. The company's strategic focus on high-end intelligent equipment, including solid-state battery and photovoltaic equipment, continues to bolster its market position and financial health.