Group 1 - The core viewpoint of the articles indicates that Wuxi Xian Dao Intelligent Equipment Co., Ltd. (Xian Dao Intelligent) is undergoing a normal approval process for its Hong Kong IPO, with plans to update its financial data and submit a new prospectus soon [1][2] - Xian Dao Intelligent is recognized as a leading high-end intelligent equipment platform provider, holding a 9.1% share of the global market for new energy intelligent equipment and solutions, which has increased by 3.3 percentage points from 2023 [1] - The company is the largest global supplier of intelligent equipment for lithium batteries, with a market share of 22.4% globally and 34.1% in China, both of which have shown consistent growth over the reporting period [1] Group 2 - Xian Dao Intelligent plans to raise up to $500 million (approximately 3.9 billion HKD) and aims for a potential listing as early as this year [2] - For the first nine months of the previous year, the company's revenue was 9.038 billion RMB, reflecting a decline of 30.8%, while net profit dropped by 74.7% to 587 million RMB [2]

Group 1 - The core viewpoint of the article highlights that Xian Dao Intelligent Equipment Co., Ltd. is a leading global high-end intelligent equipment platform company, providing competitive intelligent manufacturing equipment and solutions for emerging and high-end manufacturing industries [1] - According to the prospectus, Xian Dao Intelligent is the largest provider of intelligent equipment for lithium batteries globally, holding a market share of 22.4% in the global lithium battery intelligent equipment market and 34.1% in the Chinese market based on order value for 2024 [1] - The company's market shares in both global and Chinese lithium battery intelligent equipment markets have been consistently increasing during the historical performance period [1]

Group 1 - Wuxi Xian Dao Intelligent Equipment Co., Ltd. (referred to as Xian Dao Intelligent) submitted its Hong Kong IPO prospectus on February 25, 2025, which became invalid on August 25, 2025, with CITIC Securities and JPMorgan serving as joint sponsors [1] - Xian Dao Intelligent is a global leader in high-end intelligent equipment platform enterprises, providing competitive intelligent manufacturing equipment and solutions for emerging and high-end manufacturing industries [2] - According to Frost & Sullivan, based on the order value for 2024, the company is the largest provider of intelligent equipment and solutions for new energy, holding a 9.1% share of the global market, an increase of 3.3 percentage points from 2023 [2] Group 2 - Based on the order value for 2024, Xian Dao Intelligent holds a 22.4% share of the global market for intelligent equipment in lithium batteries and a 23.8% share in intelligent logistics equipment for lithium batteries [2] - Xian Dao Intelligent is the largest provider of intelligent equipment for lithium batteries globally, with a market share of 22.4% and 34.1% in China, both of which have been consistently increasing during the reporting period [2]

Core Viewpoint - Wuxi Xian Dao Intelligent Equipment Co., Ltd. is a leading global high-end intelligent equipment platform company, providing competitive intelligent manufacturing equipment and solutions for emerging and high-end manufacturing industries [2]. Group 1: Company Overview - The company submitted its Hong Kong IPO prospectus on February 25, 2025, which became invalid on August 25, 2025, with CITIC Securities and JPMorgan serving as joint sponsors [1]. - According to Frost & Sullivan, based on order value for 2024, the company is the largest provider of intelligent equipment and solutions in the new energy sector, holding a 9.1% share of the global market, an increase of 3.3 percentage points from 2023 [2]. Group 2: Market Position - In the global market for lithium battery intelligent equipment, the company holds a market share of 22.4%, while its share in the intelligent logistics equipment for lithium batteries is 23.8% based on order value for 2024 [2]. - The company is the largest provider of lithium battery intelligent equipment globally, with a market share of 22.4% in the global market and 34.1% in the Chinese market, both of which have been consistently increasing during the reporting period [2].