Wuxi Lead Intelligent Equipment Appoints New Finance Head

Deep News
Jul 20

On the evening of July 17, lithium battery equipment leader Wuxi Lead Intelligent Equipment Co.,Ltd. (SHE: 300450) announced that its board of directors had received a written resignation report from the company's Chief Financial Officer, Ms. Guo Caixia. Ms. Guo applied to resign from her position as CFO due to personal career planning reasons. After her resignation, she will no longer hold any other positions within the company, and her resignation became effective upon delivery to the board.

Ms. Guo Caixia holds 6,000 shares of Wuxi Lead Intelligent Equipment Co.,Ltd. and there are no unfulfilled commitment matters that should have been performed. Concurrently with the announcement of Ms. Guo's departure, Wuxi Lead Intelligent Equipment Co.,Ltd. announced the appointment of Mr. Li Xuhui as the company's new Chief Financial Officer.

The resume attached to the announcement shows that Mr. Li Xuhui, born in 1977, is a Chinese citizen with no permanent residency rights abroad. He holds a bachelor's degree from Nanjing Audit University and an Executive Master of Business Administration (EMBA) from Zhongnan University of Economics and Law. From 2007 to April 2014, he served as CFO for China at NKT Cables; from May 2014 to July 2017, he was the Financial Director at Eaton Power Equipment Co., Ltd.; from October 2017 to March 2020, he served as CFO at Beijing Dinghan Technology Co., Ltd.; from April 2020 to November 2023, he was the CFO at HC SemiTek Corporation; from January 2025 to May 2026, he served as Financial Executive Director at Zhejiang Changjiang Automobile Electronics Co., Ltd. He is currently the CFO of Wuxi Lead Intelligent Equipment Co.,Ltd.. As of the date of this announcement's disclosure, Mr. Li Xuhui does not hold any shares in Wuxi Lead Intelligent Equipment Co.,Ltd..

Information shows that WUXI LEAD was founded in 2002, listed on the A-share ChiNext board in 2015, and went public on the Main Board of the Hong Kong Stock Exchange in February 2026, becoming the third "A+H" listed company from Wuxi. According to data from Frost & Sullivan, based on 2024 revenue, WUXI LEAD is the largest supplier in the global lithium battery intelligent equipment market, with a market share of 15.5%, also ranking first in China with a market share of 19%.

In addition to lithium battery intelligent equipment, WUXI LEAD's business also covers photovoltaic intelligent equipment, 3C intelligent equipment, intelligent logistics systems, automotive intelligent production lines, hydrogen energy intelligent equipment, laser precision processing, machine vision, and other fields.

On the customer front, WUXI LEAD's lithium battery equipment clients include Contemporary Amperex Technology Co., Limited (CATL), Tesla, Volkswagen, BMW, Mercedes-Benz, BYD, Tongwei Solar, LONGi Green Energy Technology, LG Energy Solution, SK On, Samsung SDI, Panasonic, ATL, CALB, EVE Energy, Gotion High-tech, Envision AESC, and others. Besides being popular domestically, WUXI LEAD's products have also been exported to more than 20 countries and regions including Germany, France, and Sweden.

In 2025, WUXI LEAD achieved annual operating revenue of 14.443 billion yuan, a year-on-year increase of 21.83%; net profit attributable to shareholders of the parent company was 1.564 billion yuan, a year-on-year increase of 446.58%. In the first quarter of 2026, WUXI LEAD achieved operating revenue of 3.691 billion yuan, a year-on-year increase of 19.11%; net profit attributable to shareholders of the parent company was 405 million yuan, a year-on-year increase of 10.99%.

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