先导智能港股正式上市！

Core Viewpoint - The successful listing of XianDao Intelligent Equipment Co., Ltd. on the Hong Kong Stock Exchange marks a significant step in its "A+H" dual capital platform strategy, enhancing its international presence and influence in the high-end manufacturing sector [2][4]. Financial Performance - The company forecasts a net profit attributable to shareholders of between 1.5 billion to 1.8 billion yuan for 2025, indicating strong future earnings potential [3]. Research and Development - XianDao has maintained a research and development investment ratio of over 10% of its revenue for many years, with a professional R&D team of nearly 5,000 people and over 3,336 authorized patents, showcasing its commitment to innovation [3]. - The company has achieved a complete process integration in the solid-state battery sector, delivering multiple sets of dry-mixing coating equipment with 100% independent intellectual property rights to renowned battery manufacturers and automotive companies [3]. Market Position and Global Expansion - In the photovoltaic equipment sector, the self-developed XBC string welding machine has delivered over 30 GW, positioning the company among the top players in the photovoltaic intelligent equipment service market [4]. - The company has established strong strategic partnerships with leading global automotive and battery manufacturers, with products exported to 25 countries and regions, including South Korea, Germany, and Japan, indicating a deepening global market presence [4].