Movement Alert|Zhida Technology Rises 7.65% in Regular Trading, Strategic Cooperation with Breton Technology Continues to Drive Sentiment

Market Focus06-05

On June 5, Zhida Technology rose 7.65% in regular trading, trading at 17.43 HKD/share, with trading volume of approximately 16.02 million HKD. This marks a second consecutive session of gains following the announcement of a strategic partnership with Breton Technology.

On June 2, Breton Technology and Zhida Technology signed a strategic cooperation framework letter of intent, outlining a three-year partnership in new energy engineering equipment and smart charging infrastructure. Under the agreement, Breton intends to purchase no fewer than 5,000 units of high-power charging piles and charging robot equipment, while Zhida Technology intends to purchase no fewer than 500 electric mining trucks. The two parties also plan to jointly develop overseas markets including Indonesia, Australia, and Latin America, co-invest in shared after-sales service centers, and collaborate on smart charging solutions for zero-carbon mining scenarios.

The cooperation aligns with Zhida Technology's recently emphasized overseas expansion strategy and second growth curve initiative, as highlighted during its late-May investor roadshow, where management underscored higher gross margins and shorter cash recovery cycles in international markets.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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