Shanghai Zhida Technology Signs Over RMB100 Million EV Charger Deal with Saudi Controls

Reuters11-30

Shanghai Zhida Technology Signs Over RMB100 Million EV Charger Deal with Saudi Controls

Shanghai Zhida Technology Development Co. Ltd. announced that it has entered into a sales contract valued at over RMB100 million with Saudi Controls Ltd, its local partner in Saudi Arabia. The agreement involves the supply of multiple models of AC and DC electric vehicle $(EV)$ chargers over the next five years. This collaboration marks the company's expansion into the Saudi Arabian and broader Middle East market. Shanghai Zhida stated that it will continue to focus on technological innovation and explore further business opportunities in the EV charging sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Zhida Technology Development Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251130-11933807), on November 30, 2025, and is solely responsible for the information contained therein.

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