Market Review - In the recent five trading days (December 12 to December 18), major indices showed mixed performance; the Shanghai Composite Index rose by 0.08%, while the ChiNext Index fell by 1.79% [5] - The trading volume decreased, with a total of 9.06 trillion yuan traded, resulting in an average daily trading volume of 1.81 trillion yuan, down by 491.08 billion yuan compared to the previous five trading days [9][22] Economic Data - The National Bureau of Statistics reported that from January to November, fixed asset investment decreased by 2.6% year-on-year, with a marginal decline of 0.9 percentage points [26] - Infrastructure investment (excluding electricity, heat, gas, and water production and supply) fell by 1.1% year-on-year, while manufacturing investment grew by 1.9%, reflecting a slowdown in investment sentiment [26] - Real estate investment dropped by 15.9% year-on-year, indicating ongoing challenges in the sector [26] Policy Focus - The central government's economic work meeting emphasized that expanding domestic demand will be the top priority for 2025, with a focus on service consumption in areas such as cultural tourism, elderly care, and childcare [32] - The government plans to optimize fiscal spending by increasing investment in people's livelihoods and enhancing monetary policy flexibility to support price recovery [32] Investment Strategy - The A-share market is expected to continue its oscillating trend, with a potential rebound as the market approaches the year-end and spring rally periods [33] - Key sectors to watch include: 1. TMT and robotics sectors due to ongoing AI capital expansion and domestic computing power substitution [34] 2. Power equipment and non-ferrous metals sectors driven by high global energy storage demand [34] 3. Social services and resource sectors as policy adjustments focus on structural changes and "anti-involution" measures [34] Industry Performance - Among the major sectors, non-bank financials, transportation, and retail sectors showed the highest gains, while the real estate, power equipment, and comprehensive sectors experienced the largest declines [22]

WUXI, China, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Recently, LEAD Intelligent Equipment, or LEAD, has delivered multiple sets of dry electrode mixing and coating system, tailored for mass battery production lines to several renowned battery manufacturers, automotive OEMs, and emerging solid-state battery companies in and out of China. This signifies that dry coating technology owned by LEAD has gained high recognition from leading clients, further solidifying its leading position in the solid-state battery equ ...

Group 1: Business Overview - The company's revenue in Q1 2025 showed a year-on-year increase, indicating an improvement in profits and a recovery in downstream customer demand [2] - The pace of international expansion is accelerating, which is expected to enhance industry conditions [2] Group 2: Regulatory Impact - The new regulations on safety requirements for electric vehicle batteries impose higher quality standards, prompting industry players to enhance their quality control measures [2] - This is anticipated to promote overall industry development [2] Group 3: Technological Development - The company is a leading player in lithium battery testing technology and has established a strategic layout for solid-state battery clients, achieving bulk deliveries to major battery manufacturers [2] - Battery testing is crucial in the development process, significantly influencing battery performance [2] Group 4: Industry Trends - The implementation of a 60-day payment term policy by several automotive companies is expected to positively impact cash flow within the new energy vehicle supply chain [3] - The company will continue to monitor industry trends and enhance accounts receivable management accordingly [3]