ZHIDA TECH Reports Interim Results: Revenue Hits 340 Million RMB, EV Charger Sales Surge in Thailand by 304.3%

Stock News08-17 17:58

ZHIDA TECH (02650) has announced its interim results for the six months ended June 30, 2026.

The group recorded revenue of 340 million RMB during the period, along with a net loss of 117 million RMB. The basic loss per share stood at 0.39 RMB.

A significant highlight is the growth in electric vehicle charger sales across international markets. Sales in Thailand surged by approximately 304.3%, in Brazil by 48.5%, and in the United Arab Emirates by 357.2%. These three regions collectively contributed about 82.6% of the company's overseas revenue.

Domestically, ZHIDA TECH sold approximately 244,000 EV chargers to Chinese automotive manufacturers, representing a year-on-year increase of about 119.0% and reaching a new historical high.

The company's cash and cash equivalents rose from approximately 292 million RMB as of December 31, 2025, to approximately 460 million RMB as of June 30, 2026, an increase of about 168 million RMB.

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