Movement Alert｜Zhida Technology Rises 7.97% in Regular Trading, Ningbo Embodied Intelligence Subsidiary Established to Extend Robotics Catalysts

Market Focus07-13

On July 13, Zhida Technology rose 7.97% in regular trading, trading at 25.84 HKD/share, with turnover of 72.17 million HKD, extending its recent strong momentum.

On the news front, the company recently established Ningbo Zhida Embodied Intelligence Technology Co., Ltd. with registered capital of 25 million yuan. The subsidiary's business scope covers intelligent robot R&D, industrial robot manufacturing, charging pile sales, and emerging energy technology development, co-held by Zhida Technology and Ningbo Hi-Tech Zone Testing Park Development Management Co., Ltd.

The establishment builds upon the company's earlier milestone of landing the world's first dedicated production base capable of annual output exceeding 10,000 automatic charging robots in Ningbo, marking the formal entry of the charging robot sector into scaled manufacturing. Combined with the company's robot revenue surging 88.83% year-over-year and robust overseas business growth, fundamentals continue to improve.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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