Shanghai Zhida Technology to Raise HK$203 Million via Share Placement; Shares Jump 5%

MT Newswires Live12:47

Shanghai Zhida Technology Development (HKG:2650) plans to place up to 23.7 million new H-shares at HK$8.77 each, raising net proceeds of about HK$203.4 million, according to a Tuesday filing with the Hong Kong bourse.

The placing price represents a 17.11% discount to the Sept. 22 closing price of HK$10.58.

The company will allocate 30% of the net proceeds to public charging acquisitions, 30% to robotics investments, and 20% each to new energy-management facilities and working capital.

The shares will be issued under the company's general mandate and are expected to be placed with at least six independent investors.

Shares of the firm were up nearly 5% in Wednesday's midday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2669727511?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-23 12:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2669727511","market":"sh","top_or_hot":-1,"title":"Shanghai Zhida Technology to Raise HK$203 Million via Share Placement; Shares Jump 5%","media":"MT Newswires Live","content":"<html><body><p> Shanghai Zhida Technology Development (HKG:2650) plans to place up to 23.7 million new H-shares at HK$8.77 each, raising net proceeds of about HK$203.4 million, according to a Tuesday filing with the Hong Kong bourse.</p><p>The placing price represents a 17.11% discount to the Sept. 22 closing price of HK$10.58.</p><p>The company will allocate 30% of the net proceeds to public charging acquisitions, 30% to robotics investments, and 20% each to new energy-management facilities and working capital.</p><p>The shares will be issued under the company's general mandate and are expected to be placed with at least six independent investors.</p><p>Shares of the firm were up nearly 5% in Wednesday's midday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shanghai Zhida Technology to Raise HK$203 Million via Share Placement; Shares Jump 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShanghai Zhida Technology to Raise HK$203 Million via Share Placement; Shares Jump 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-23 12:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Shanghai Zhida Technology Development (HKG:2650) plans to place up to 23.7 million new H-shares at HK$8.77 each, raising net proceeds of about HK$203.4 million, according to a Tuesday filing with the Hong Kong bourse.</p><p>The placing price represents a 17.11% discount to the Sept. 22 closing price of HK$10.58.</p><p>The company will allocate 30% of the net proceeds to public charging acquisitions, 30% to robotics investments, and 20% each to new energy-management facilities and working capital.</p><p>The shares will be issued under the company's general mandate and are expected to be placed with at least six independent investors.</p><p>Shares of the firm were up nearly 5% in Wednesday's midday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1116","symbol_name":"电气部件与设备","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2669727511","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2669727511","pubTimestamp":1790138829,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Shanghai Zhida Technology Development  plans to place up to 23.7 million new H-shares at HK$8.77 each, raising net proceeds of about HK$203.4 million, according to a Tuesday filing with the Hong Kong bourse.The placing price represents a 17.11% discount to the Sept. 22 closing price of HK$10.58.The company will allocate 30% of the net proceeds to public charging acquisitions, 30% to robotics investments, and 20% each to new energy-management facilities and working capital.The shares will be issued under the company's general mandate and are expected to be placed with at least six independent investors.Shares of the firm were up nearly 5% in Wednesday's midday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1116":"电气部件与设备","02650":"挚达科技"},"translate_title":"上海智达科技将通过配售股份筹集2.03亿港元；股价上涨 5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02650":1},"content_text":"Shanghai Zhida Technology Development (HKG:2650) plans to place up to 23.7 million new H-shares at HK$8.77 each, raising net proceeds of about HK$203.4 million, according to a Tuesday filing with the Hong Kong bourse.The placing price represents a 17.11% discount to the Sept. 22 closing price of HK$10.58.The company will allocate 30% of the net proceeds to public charging acquisitions, 30% to robotics investments, and 20% each to new energy-management facilities and working capital.The shares will be issued under the company's general mandate and are expected to be placed with at least six independent investors.Shares of the firm were up nearly 5% in Wednesday's midday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2669727511","isCrawlerRequest":true}