WND companies shine in Fortune China Tech 50 list

Recently, the first Fortune China Tech 50 list was released, with two companies from Wuxi New District on it, representing half of the Jiangsu province's entries. This truly showcases WND's pioneering role in driving technological innovation forward.

WuXi XDC specializes in the development of antibody-drug conjugates. [Photo/WeChat account: xinwu_wx]

One of the two companies, WuXi XDC, is among the few companies specializing in the research, development, and production of antibody-drug conjugates (ADCs). ADCs, with their high potential in treating cancer and autoimmune diseases, present significant challenges in drug development. WuXi XDC is ranked second globally and first in China among contract research, development, and manufacturing organizations (CRDMO) for ADCs.

Lead Intelligent Equipment is a global leader in smart manufacturing solutions for the new energy sector. [Photo/WeChat account: xinwu_wx]

Lead Intelligent Equipment, a global leader in smart manufacturing solutions for the new energy sector, engages in various fields, including lithium, photovoltaic equipment, and laser precision processing equipment. The company consistently allocates over 10 percent of its revenue to research and development, holding over 2,400 authorized patents. Lead Intelligent Equipment maintains the highest market share in the new energy equipment market, with a global presence that includes 15 subsidiaries and over 50 service outlets in more than 20 countries.

The companies on the Fortune China Tech 50 list all play a vital role in both the Chinese and global economies. They are recognized for their innovation, continuous investment in R&D, and technological advantages that have a positive social impact. The listed companies span several industries, including artificial intelligence, life sciences, new energy, high-end manufacturing, digital economy, and semiconductors.