ZHIDA TECH (02650) announced that to further advance the company's strategic positioning in the global new energy vehicle smart charging sector and leverage resource synergies with leading industry players, the company has jointly established a joint venture with Anhui Chery Green Energy Ecological Technology Co., Ltd. (Chery Green Energy) in January 2026. The two parties will engage in deep cooperation in areas such as global charging industry layout and vehicle-energy ecosystem enhancement, focusing on the research and development, production, sales, and service of smart charging equipment, aiming to jointly build a world-leading charging industry system and create a full-chain ecological loop from vehicles to energy. Chery Green Energy, a subsidiary controlled by Chery Holding Group Co., Ltd., possesses extensive experience in charging station investment, operation, and product development; ZHIDA TECH, as a leading global provider of smart charging solutions, boasts advanced technology, comprehensive manufacturing capabilities, and a service network covering multiple countries. This collaboration is designed to achieve resource complementarity, shared channels, and technological integration, strengthening the full-chain closed loop from vehicle manufacturing to energy replenishment. The joint venture, named Anhui Ruizhi New Energy Technology Co., Ltd., has a registered capital of RMB 20 million, with Chery Green Energy holding a 60% stake and ZHIDA TECH holding a 40% stake. Headquartered in the Economic and Technological Development Zone of Anqing City, Anhui Province, the joint venture has an operational term of 5 years, and its business scope covers the manufacturing and sales of charging piles and automatic charging robots, energy storage technology services, international freight forwarding, and technology import and export. The two parties will focus on promoting three major global strategies: first, integrating charging pile and automatic charging robot technologies to create a highly automated, highly adaptable next-generation energy replenishment solution, and jointly establishing overseas R&D centers to develop smart charging products suitable for international markets; second, leveraging Chery Automobile's established channels in Europe, the Middle East, Latin America, and Southeast Asia to simultaneously deploy localized charging infrastructure, achieving "charging points where vehicles go"; third, integrating solar-storage-charging solutions with intelligent scheduling algorithms to evolve from equipment supply to comprehensive services for mobility and distributed energy management, aiding the green transition globally, particularly in emerging markets. This collaboration will help ZHIDA TECH rapidly expand its production capacity and market coverage, mitigate heavy-asset risks, broaden its business scope, and jointly accelerate globalization with its partner, systematically exporting "Intelligent Chinese Manufacturing" charging standards.
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