WUXI LEAD Shares Surge Over 5% After Securing Key Component Supplier Role for OPPO Find N6

Stock News03-12

WUXI LEAD (00470) rose more than 5%, and as of writing, the stock was up 5.21% to HK$45.66, with a turnover of HK$126 million. On the news front, according to a recent report, supply chain sources have exclusively revealed that WUXI LEAD has become a core component supplier for the OPPO Find N6. The supply chain source indicated that this generation of OPPO's foldable product aims to achieve a breakthrough in crease control, and a chip-level polymer 3D printing technology co-developed by OPPO and WUXI LEAD is considered one of the core technologies to address the crease issue. Additionally, a GF Securities research report noted that with the confirmation of a cyclical bottom in the lithium battery sector and strong expansion intentions among leading downstream battery manufacturers, it is optimistic about the growth potential of lithium battery equipment in the new cycle. The report recommends focusing on equipment manufacturers with full-line delivery capabilities, suggesting attention to leading full-line solution providers such as WUXI LEAD.

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