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Manufacturing for Good: LEAD Establishes RMB 30 Million “Warm Light” Charity Fund

At the event, Lead Intelligent Equipment (hereafter referred to as LEAD), a global leader in new energy intelligent equipment solutions, announced the establishment of the LEAD “Warm Light” Charity Fund with an initial investment of RMB 30 million. This initiative aims to extend LEAD’s care and support to a broader community, bringing warmth and hope to those in need.

Over the past 25 years, under the leadership of Chairman Wang Yanqing, LEAD has remained committed to its philanthropic vision of “Manufacturing for Good.” While driving global green energy transformation and sustainable development through intelligent manufacturing, LEAD has never wavered in its dedication to giving back to society.

In 2017, LEAD established the Wang Yanqing Education Scholarship Fund with an initial endowment of RMB 10 million at Jiangsu Xishan Senior High School to inspire students in pursuing their dreams. Since 2021, the company has set up the Wang Yanqing Scholarship at Tsinghua University, Harbin Institute of Technology, Southeast University, and other top institutions, contributing hundreds of thousands of RMB annually to support promising students financially. In 2022, Chairman Wang Yanqing personally donated RMB 20 million to public health initiatives. Additionally, LEAD has actively supported the Wuxi-Yan’an City Partnership Program, extending assistance to underprivileged and left-behind children in Yichuan, Yan’an, through tangible actions that reflect its corporate social responsibility.

The establishment of the LEAD “Warm Light” Charity Fund marks another significant step in the company’s commitment to philanthropy and social contribution. Moving forward, the fund will focus on charitable initiatives, scientific research, education, rural revitalization, and environmental sustainability—key areas that align with national and societal development priorities, where new energy enterprises like LEAD can leverage their strengths to make a meaningful impact.

At the event, Wang Yanqing, Chairman of LEAD, stated:

“President Xi Jinping, in his address to private entrepreneurs, encouraged enterprises and business leaders to embrace an entrepreneurial and patriotic spirit, continuously elevate their aspirations, cultivate a deep sense of social responsibility, and give back to society while striving for progress. This message has been deeply inspiring and motivating for us. I firmly believe that LEAD’s growth has been made possible by the support of the Party, the government, and all sectors of society. Therefore, corporate philanthropy and social responsibility have always been integral to LEAD’s development. Through the establishment of the ‘Warm Light Charity Fund,’ we hope to actively contribute to charitable causes, strengthen collaboration across various sectors, give back to society, and bring warmth and hope to those in need—working together to create a better future.”

Cui Rongguo, Secretary of the Party Working Committee of Wuxi High-Tech Zone and Secretary of the Xinwu District Committee, remarked:

“President Xi Jinping has personally encouraged private enterprises to engage in charitable initiatives and contribute to society to the best of their ability. Today, LEAD has responded to this call with concrete action by establishing the ‘Warm Light Charity Fund.’ This proactive step in fulfilling social responsibility exemplifies the deep-rooted commitment of high-tech zone enterprises to giving back and striving for progress. LEAD’s initiative will serve as an inspiration, mobilizing businesses and individuals across the district to participate in philanthropy, foster a culture of kindness, and collectively create a more compassionate society.”

Ding Xudong, President of the Xinwu District Charity Federation, commented:

“LEAD has demonstrated unwavering commitment to philanthropy, earning widespread recognition and praise from the Party, government, and society. We hope LEAD will continue to lead by example, injecting new momentum into the district’s charitable efforts and inspiring broader participation in social good.”