Core Insights - The article highlights the competitive landscape of the electric vehicle (EV) industry, focusing on the transition from quantity to quality, particularly in the home charging station market, where Zhidatech is positioned as a leader [1] - Zhidatech's "three-in-one" business model, which integrates products, services, and a digital platform, is seen as a key differentiator that supports its global, digital, and intelligent strategy [2][6] Market Position - Zhidatech holds a 13.6% market share in China's home charging station market and a 9.0% share globally, indicating its strong foothold in a high-potential segment [1] - The global home charging station market is projected to reach RMB 7.2 billion in 2024, with China accounting for nearly half of this market [1] Business Model - The "three-in-one" model consists of hardware (smart home charging stations), a digital platform for efficiency and innovation, and service offerings that enhance user experience [2][3] - The hardware serves as the entry point for user engagement and data collection, while the digital platform drives operational efficiency and supports future energy aggregation services [2][3] Revenue Diversification - As the ecosystem matures, service and platform-derived revenues are expected to increase, leading to a more stable and higher-margin revenue structure [4] - High-margin products like Energy Management Systems (EMS) and automated charging robots are anticipated to significantly enhance overall profitability [4] Strategic Vision - Zhidatech's strategy emphasizes globalization, digitalization, and intelligence, aiming to transform from a hardware manufacturer to a comprehensive green digital energy ecosystem provider [5][6] - The company is establishing a localized service network in 22 countries, enhancing its competitive edge and creating hard-to-replicate barriers [6][7] Technological Advancements - The sixth-generation "Ling She" robot has achieved mass production, showcasing Zhidatech's technological leadership with proprietary AI algorithms and numerous patents [8] - The company is pursuing commercial applications in specialized environments, public charging scenarios, and home settings, indicating a comprehensive approach to market penetration [9] Investment Opportunity - Zhidatech represents a compelling investment narrative, combining advantages of Chinese manufacturing, platform network effects, and cutting-edge technology barriers, with its Hong Kong listing marking a revaluation of its market potential [9]

上海摯達科技發展股份有限公司 Shanghai Zhida Technology Development Co., Ltd. （於中華人民共和國註冊成立的股份有限公司） 股份代號 : 2 6 5 0 全球發售 獨家保薦人、整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 Shanghai Zhida Technology Development Co., Ltd. 上海摯達科技發展股份有限公司 上海摯達科技發展股份有限公司 Shanghai Zhida Technology Development Co., Ltd. 重要提示 重要提示： 閣下如對本招股章程中任何內容有任何疑問，應徵詢專業獨立意見。 Shanghai Zhida Technology Development Co., Ltd. 上海摯達科技發展股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 全球發售 | 全球發售項下的發售股份數目 | ： | 5,978,900股H股 | | --- | --- | --- | | | | （視乎超額配股權行使與否而定） | | 香港發售股份數目 | ： | 597,900股H股（可予重新 ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司 （「香港結算」）對本公告的內容概不負責，對其準確性或完整性亦不發表聲明，並明確表示概不 會就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本公告不會直接或間接於或向美國（包括其領土及屬地、美國任何州以及哥倫比亞特區）發佈、 刊發或派發。本公告並不構成或組成在美國境內或於任何其他司法管轄區購買或認購任何證券 的任何要約或招攬的一部分。發售股份並無亦不會根據《1933年美國證券法》（經修訂)(「美國證 券法」）或美國任何州或其他司法管轄區的證券法登記。發售股份不得在美國境內提呈發售、出 售、質押或以其他方式轉讓，惟可獲豁免遵守美國證券法登記規定或毋須遵守美國證券法登記 規定的交易除外。發售股份不會在美國公開發售。發售股份僅可根據美國證券法S規例在美國 境外以離岸交易方式提呈發售、出售及交付。 本公告僅作說明用途，並不構成收購、購買或認購證券的邀請或要約。本公告並非招股章程。 潛在投資者於決定是否投資所提呈發售的H股前，應閱覽上海摯達科技發展股份有限公司（「本 公司」）刊發日期為2025年9月30 ...