WND company among China's top 500 private manufacturers

An industrial park of Lead Intelligent Equipment in Wuxi New District. [Photo/WeChat account: xinwu_wx]

The All-China Federation of Industry and Commerce recently released the 2024 list of China's top 500 private manufacturing enterprises, with Lead Intelligent Equipment in Wuxi New District making the cut.

As a global leader in intelligent manufacturing solutions, Lead Intelligent's business spans various fields, including lithium battery equipment, photovoltaic systems, 3C automation, smart logistics, automotive production lines, hydrogen energy systems, and precision laser processing.

In 2023, Lead Intelligent reported over 16.6 billion yuan ($2.33 billion) in revenue, and in the first half of 2024, its overseas revenue reached 1.1 billion yuan, marking a 159.56 percent year-on-year growth rate.

The company has 15 subsidiaries and over 50 service centers worldwide, exporting to more than 20 countries, including the United States, Germany, France, Japan, and South Korea.

Lead Intelligent attributes its success to its strong focus on technological innovation, with over 10 percent of its annual sales invested in R&D. The company boasts nearly 5,000 R&D personnel and holds more than 2,400 patents.

Technical staff members work at Lead Intelligent. [Photo/WeChat account: xinwu_wx]

As of mid-2024, WND was home to 600 private industrial enterprises above the designated scale, including 254 with revenues exceeding 100 million yuan and three with revenues above 10 billion yuan.