{"id":6716,"date":"2025-12-08T08:39:59","date_gmt":"2025-12-08T08:39:59","guid":{"rendered":"http:\/\/www.tjdxy.cn\/en\/?p=6716"},"modified":"2026-01-14T01:49:05","modified_gmt":"2026-01-14T01:49:05","slug":"cover-interview-lead-chairman-wang-yanqing-solid-state-batteries-and-energy-storage-accelerate-industrialization-as-the-industry-enters-a-new-cycle","status":"publish","type":"post","link":"http:\/\/www.tjdxy.cn\/en\/cover-interview-lead-chairman-wang-yanqing-solid-state-batteries-and-energy-storage-accelerate-industrialization-as-the-industry-enters-a-new-cycle\/","title":{"rendered":"Cover Interview | LEAD Chairman Wang Yanqing: Solid-State Batteries and Energy Storage Accelerate Industrialization as the Industry Enters a New Cycle"},"content":{"rendered":"<p><span data-font-family=\"default\">On December 15, Wang Yanqing, chairman of Lead Intelligent Equipment (hereafter referred to as LEAD), spoke with Cover News in an in-depth interview, sharing his key takeaways from 2025 and his outlook for 2026. In his view, 2025 marks the beginning of a new industry cycle\u2014one in which opportunities significantly outweigh challenges.<\/span><\/p>\n<p><span data-font-family=\"default\">In 2025, the new energy sector entered a renewed phase of development. Following a period of deep adjustment, the industry is now experiencing a structural recovery. The logic of competition is shifting from sheer scale expansion to technological depth. Intelligence and high-quality manufacturing are emerging as core competitive advantages, as companies move decisively toward higher-value segments. The industry is transitioning from \u201cgrowth driven by scale\u201d to manufacturing at the limits of precision, efficiency, and intelligence.<\/span><\/p>\n<p><span data-font-family=\"default\">Reflecting on both 2025 and the road ahead, Wang noted that while the industry has clearly entered a new cycle, the momentum lies firmly with opportunity rather than risk. The accelerated industrialization of solid-state batteries and energy storage technologies represents not merely a short-term tailwind, but a comprehensive stress test of equipment makers\u2019 technical foundations and extreme delivery capabilities.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_67_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"http:\/\/www.tjdxy.cn\/en\/cover-interview-lead-chairman-wang-yanqing-solid-state-batteries-and-energy-storage-accelerate-industrialization-as-the-industry-enters-a-new-cycle\/#Looking_Back_on_2025_What_Has_Changed\" title=\"Looking Back on 2025: What Has Changed?\">Looking Back on 2025: What Has Changed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"http:\/\/www.tjdxy.cn\/en\/cover-interview-lead-chairman-wang-yanqing-solid-state-batteries-and-energy-storage-accelerate-industrialization-as-the-industry-enters-a-new-cycle\/#What_Did_You_Gain%E2%80%94and_What_Did_You_Give_Up%E2%80%94in_2025\" title=\"What Did You Gain\u2014and What Did You Give Up\u2014in 2025?\">What Did You Gain\u2014and What Did You Give Up\u2014in 2025?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"http:\/\/www.tjdxy.cn\/en\/cover-interview-lead-chairman-wang-yanqing-solid-state-batteries-and-energy-storage-accelerate-industrialization-as-the-industry-enters-a-new-cycle\/#What_Is_Your_Keyword_for_2025\" title=\"What Is Your Keyword for 2025?\">What Is Your Keyword for 2025?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Back_on_2025_What_Has_Changed\"><\/span><span data-font-family=\"default\">Looking Back on 2025: What Has Changed?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-font-family=\"default\">T<\/span><span data-font-family=\"default\">he most important realization in 2025 is that a true competitive moat no longer lies in scale, but in early insight into technology trends and the deep restructuring of manufacturing systems.<\/span><\/p>\n<p><span data-font-family=\"default\">As new technology pathways\u2014particularly solid-state batteries and advanced energy storage\u2014move rapidly toward commercialization, equipment manufacturers face rising demands that go well beyond capacity delivery. At LEAD, manufacturing is viewed fundamentally as the embodiment of process through equipment, with intelligence representing the only viable path to ultimate efficiency. This conviction has reinforced the company\u2019s commitment to integrating AI, digital twins, and advanced automation deeply into production lines, enabling manufacturing systems that can self-optimize and continuously evolve.<\/span><\/p>\n<p><span data-font-family=\"default\">T<\/span><span data-font-family=\"default\">he long-term value of an equipment company lies in its ability to use equipment as a carrier to translate frontier technologies into scalable production, high yield, and iterative competitiveness for customers.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Did_You_Gain%E2%80%94and_What_Did_You_Give_Up%E2%80%94in_2025\"><\/span><span data-font-family=\"default\">What Did You Gain\u2014and What Did You Give Up\u2014in 2025?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-font-family=\"default\">What we gained was a systemic victory in translating technological breakthroughs into commercial execution across critical tracks.<\/span><\/p>\n<p><span data-font-family=\"default\">In solid-state battery equipment, LEAD achieved end-to-end process integration across the entire production chain and completed batch deliveries to leading industry customers, securing a strategic high ground in next-generation battery technologies. In energy storage equipment, cumulative order volume reached an industry-leading scale.<\/span><\/p>\n<p><span data-font-family=\"default\">More importantly, amid rapid technological iteration, the team forged a rare combination of on-time delivery discipline and frontier-level innovation capability\u2014a set of engineering strengths that directly translated into operating performance. In the first three quarters of 2025, the company recorded total revenue of RMB 10.439 billion<\/span><span data-font-family=\"default\"> (\u2248 $1.49 billion)<\/span><span data-font-family=\"default\">, up 14.56% year on year, while net profit attributable to shareholders reached RMB 1.186 billion<\/span><span data-font-family=\"default\">(\u2248 $169.5 million)<\/span><span data-font-family=\"default\">, a 95.97% increase. This counter-cyclical growth underscores a clear conclusion: technology premium remains the ultimate answer to navigating industry cycles.<\/span><\/p>\n<p><span data-font-family=\"default\">What we chose to give up was investment in low-efficiency, homogeneous competition.<\/span><\/p>\n<p><span data-font-family=\"default\">LEAD deliberately exited market battles driven purely by price and instead focused on segments with high technical barriers and stringent process requirements. This form of strategic subtraction allowed the company to concentrate resources on solutions with enduring value for customers\u2014and led to renewed market recognition of the \u201cLEAD standard\u201d: equipment systems defined by extreme quality, full-process traceability, and lifecycle-wide service capability.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Your_Keyword_for_2025\"><\/span><span data-font-family=\"default\">What Is Your Keyword for 2025?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-font-family=\"default\">\u201cBreaking upward.\u201d<\/span><\/p>\n<p><span data-font-family=\"default\"> This phrase best captures our strategic direction for 2025. As competition intensifies, we rejected horizontal repetition at the low end and instead chose vertical breakthroughs into higher-value, more critical nodes.<\/span><\/p>\n<p><span data-font-family=\"default\">First, breaking upward at the source of technology.<\/span><\/p>\n<p><span data-font-family=\"default\">We aim not merely to deliver equipment, but to co-create processes. In frontier fields such as solid-state batteries, we work with customers from the laboratory stage onward, moving from responding to demand to defining what is possible.<\/span><\/p>\n<p><span data-font-family=\"default\">Second, breaking upward at the limits of quality.<\/span><\/p>\n<p><span data-font-family=\"default\">We have established a high-standard system centered on reliability and consistency. By embedding AI vision and predictive maintenance, what we deliver is no longer a stand-alone machine, but an intelligent production system capable of continuously reducing cost and improving efficiency for customers.<\/span><\/p>\n<p><span data-font-family=\"default\">Third, breaking upward through ecosystem collaboration.<\/span><\/p>\n<p><span data-font-family=\"default\">We are building partnerships akin to a shared-value community. From pilot lines to scaled mass production, LEAD has become an indispensable chief equipment partner in the innovation journeys of leading players across the value chain.<\/span><\/p>\n<p><span data-font-family=\"default\">\u201cBreaking upward\u201d is a conscious strategic choice. It reflects our decision to pursue a more demanding\u2014but ultimately more durable\u2014path: building irreplaceable long-term value through technological depth and ecosystem co-evolution.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 15, Wang Yanqing, chairman of Lead Intelligent Equipment (hereafter referred to as LEAD), spoke with Cover News in an in-depth interview, sharing his key takeaways from 2025 and his outlook for 2026. In his view, 2025 marks the beginning of a new industry cycle\u2014one in which opportunities significantly outweigh challenges. In 2025, the&#8230;<\/p>\n","protected":false},"author":15,"featured_media":6719,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1,151],"tags":[171,318],"class_list":["post-6716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-news-news","tag-lead-intelligent-equipment","tag-lead-equipment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - http:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cover Interview | LEAD Chairman Wang Yanqing: Solid-State Batteries and Energy Storage Accelerate Industrialization as the Industry Enters a New Cycle<\/title>\n<meta name=\"description\" content=\"On December 15, Wang Yanqing, chairman of Lead Intelligent Equipment (hereafter referred to as LEAD), spoke with Cover News in an in-depth interview, sharing his key takeaways from 2025 and his outlook for 2026. 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