ZHIDA TECH (ASX: 02650) saw its share price surge more than 27% during the trading session, following a gain of over 45% in the previous trading day.
At the time of writing, the stock was up 23.94% to HK$25.16, with a turnover of HK$439 million.
Key Business Developments
The company has launched three core charging robot products: the serpentine automatic charging robot "SmartLink," the blade-style home charging robot "Robot Pioneer," and the unmanned public charging robot "SmartElephant."
According to ZHIDA TECH's 2025 annual report, the company's robotics revenue grew by 88.83%, making it the fastest-growing business segment, and has been successfully deployed in various application scenarios worldwide, covering residential, public, and numerous specialized settings.
Analysis from Xingye Securities notes that the company has successfully deployed electric vehicle charging robots both domestically and internationally, with clients including automotive manufacturers, autonomous driving companies, energy firms, specialty vehicle manufacturers, and public infrastructure operators, leading to rapid year-on-year revenue growth.
By the end of 2025, the company's products and services had reached 23 countries globally, including Thailand and Brazil, which are among the fastest-growing core EV markets outside of China.
The average selling price for the company's overseas products and services is higher than in the domestic market.
Looking ahead, as independent brands accelerate their expansion into overseas markets, demand for charging infrastructure abroad is expected to maintain sustained high growth, positioning the company to benefit significantly.
Comments