FilingReader Intelligence

Lead Intelligent warns investors after stock doubles in 10 days

September 11, 2025 at 11:59 AM UTCBy FilingReader AI

Wuxi Lead Intelligent Equipment Co., Ltd. announced an abnormal fluctuation in its stock trading after its share price rose more than 100% over ten consecutive trading days, from August 29, 2025, to September 11, 2025. The cumulative increase of 103.21% significantly outpaced the 64.43% rise in the Changjiang Securities Lithium Equipment Index and the 8.01% increase in the ChiNext Index over the same period.

The company noted that its fundamentals have not experienced any significant changes, and it did not find any undisclosed major matters or unannounced information that could have led to the abnormal trading. While the company acknowledges recent market interest in solid-state battery concepts, it cautioned that the global solid-state battery industry is still in the technological iteration and industrialization preparation stage, not yet entering mass production, making related business progress uncertain.

As of September 10, 2025, Wuxi Lead Intelligent Equipment's trailing price-to-earnings (P/E) ratio stood at 161.86 times, substantially higher than the 35.61 times average for its industry classification (C35 Special Equipment Manufacturing) as per CSI Index Co., Ltd. The company urges investors to exercise caution, understand market risks, and make rational investment decisions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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