SHE:300450

Jefferies Adjusts Wuxi Lead Intelligent Equipment's Price Target to 67 Yuan from 62 Yuan, Keeps at Buy

Wuxi Lead Intelligent Equipment's Q1 2026 Profit Jumps 11%

Wuxi Lead Intelligent Equipment (HKG:0470, SHE:300450) recorded 405.4 million yuan in attributable profit for the first quarter of 2026, up 11% from 365.3 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The intelligent equipment manufacturer's Hong Kong-listed shares fell nearly 1% in late morning trade Wednesday.Earnings per share were 0.26 yuan, compared with 0.23 yuan in the prior year period.Revenue rose 19% year on year to 3.69 billion yuan.