Shanghai Zhida Technology Development (02650) Surges Nearly 6% to Record High, Up Over 200% from IPO Price as Global Home Charging Leader

Stock News11-27

Shanghai Zhida Technology Development (02650) rose nearly 6% in afternoon trading, hitting a record high of HK$210.4, marking a 214% increase from its IPO price. At the time of writing, the stock was up 5.03% at HK$208.8, with a turnover of HK$11.11 million.

As the world's largest provider of home charging solutions for electric vehicles, Zhida Technology operates under an integrated model combining "products, services, and digital platforms." According to Frost & Sullivan data, the company holds approximately 9.0% of the global home charging pile market share and 13.6% in China, ranking first in domestic sales.

Notably, in November this year, Zhida Technology once again impressed the market with cross-industry innovation. Following the industry buzz around its automated charging robot "Ling She," the company announced a strategic partnership with Mandopop superstar "Jay Chou" to launch co-branded EV charging piles and themed charging stations, merging green mobility with Gen Z pop culture.

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