LEAD Intelligent Equipment and Siemens sign Global Strategic Cooperation Framework Agreement

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LEAD Intelligent Equipment (‘LEAD’) and Siemens have signed a Global Strategic Cooperation Framework Agreement, in which Siemens will provide LEAD with a suite of digital industrial products, services, and solutions.

The collaboration will enable LEAD to embrace greater levels of digitalisation and automation in its manufacturing, improving its operational efficiency. The agreement marks the beginning of a formal partnership that aims to enhance both companies’ long-term growth and development.

Siemens is the world’s leading industrial automation and digitalization company and a critical player in the adoption and growth of Industry 4.0. Using its advanced technologies and broad application experience, Siemens is the global driving force in the development of digital process automation, drive technologies, and energy-efficient production solutions.

LEAD is the world’s premier intelligent equipment manufacturer with unparalleled experience and technical proficiency in the new energy industry. LEAD has established strategic partnerships with multiple world-renowned battery cell and automotive companies, and is devoted to creating intelligent manufacturing solutions that improve sustainability and drive technological progress.

The advanced products and services provided by Siemens will help LEAD create greater synergies between hardware and software and leverage the resulting data to increase performance. These improvements will ultimately provide LEAD’s new energy customers with more sophisticated products that enhance the efficiency and sustainability of their manufacturing.

The new agreement strengthens the cooperation between the two companies to develop core products and use their unique strengths to create additional business opportunities. It also elevates their partnership to the strategic cooperation level, supporting LEAD’s competitive edge and rapid growth across its European and North American markets.

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