Wuxi Lead Auto Equipment Co Ltd

On the evening of July 29, multiple listed companies on the Shanghai and Shenzhen exchanges released significant positive announcements. Tinavi Medical Technologies plans to acquire a 62% equity stake in Shanghai Minimally Invasive Orthopedic Medical Technology through a share issuance, along with raising supporting funds. Upon completion of the deal, the company will complete its orthopedic implant product portfolio, and its shares will resume trading on July 30. Haoneng Corporation plans to invest 1 billion yuan to build a production base for robot joint reducers in Luzhou, with an annual capacity of 5 million units upon completion. Western Mining disclosed its semi-annual report, with operating revenue reaching 39.443 billion yuan in the first half of 2026, up 25% year-on-year, and net profit attributable to shareholders of the listed company reaching 4.169 billion yuan, up 123% year-on-year. Yitian Intelligent's wholly-owned subsidiary Gansu Yisuan signed a computing power resource service contract worth 1.106 billion yuan, with the tax-inclusive contract amount exceeding 100% of the company's audited main business revenue for the most recent fiscal year. The chairman of GigaDevice proposed a share buyback of 1 billion to 2 billion yuan for cancellation, and also plans to increase his shareholding in the company by no less than 1 billion yuan. Yongding Corporation's holding subsidiary Suzhou Dingxin Optoelectronics Technology has received purchase orders for high-power laser chips totaling approximately 1.133 billion yuan over the past month. In addition, Lead Intelligent's foldable screen chip-level polymer 3D printing equipment has achieved mass delivery and production verification, Midea Group's air conditioning dual bases added 200,000 units in European orders within one month, Hengxing New Materials plans to invest approximately 600 million yuan to launch two fine chemical new material projects, and Tianhe Magnetics plans to establish a holding subsidiary to address service gaps in the southern market.

The board of directors of Lead Intelligent Equipment has approved a plan to repurchase H shares using its own or self-raised funds, with a total repurchase amount of no less than HKD 200 million and no more than HKD 400 million. The repurchase price will not exceed the average closing price of the H shares over the five trading days prior to the repurchase plus a 5% premium, and the implementation period is 12 months. The repurchased shares may be used for cancellation, equity incentives, or other purposes.