Lead Intelligent Equipment
先导智能
Lead Intelligent Equipment is a lithium battery equipment manufacturer that received private placement investment from CATL and investment from BYD . The company's history traces back to 1999, when founder Wang Yanqing established a small factory in Wuxi producing capacitor winding machines for Panasonic and TDK. The pivotal turn came in 2012, when ATL — with then-president Zeng Yuqun representing the client — selected the company for a critical battery winding equipment order to meet Apple's revised battery design requirements . This ATL relationship opened access to CATL's supply chain; by 2014, Zeng Yuqun returned with a nearly 60 million yuan order, and CATL gradually became its largest customer, with the battery giant later taking a top-three shareholder position through a 2021 private placement .
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Coverage
The Overseas Struggle of Five Country Managers | WAVE *Note: "暗涌看世界" is a column/series name from 36Kr (36氪). "暗涌" translates literally as "undercurrent" but the publication uses "WAVE" as the English brand for this series. The vertical bar "｜" is used as a separator in Chinese headlines; in English, a pipe "|" or colon works, though keeping the original separator style is also acceptable.*
Looking back at the bleak path I've come from, I return home — neither storm nor shine.
暗涌Waves·Two Decades of Breaking Through: Only by Turning the Blade Inward Can a Company Find the Right Path | 5Y View
Era, value, humanity.
五源资本·China's Corporate Venture Capital: Twenty Years of Love and Strife
This is what industrial investment really looks like.
暗涌Waves·
