挚达科技拟全球发售597.89万股 预计10月10日上市

Core Viewpoint - The company, Zhida Technology, is set to launch an IPO for 5.9789 million H-shares, with a price range of HKD 66.92 to 83.63 per share, aiming to raise approximately HKD 375 million for various strategic initiatives [1][3]. Group 1: Company Overview - Zhida Technology focuses on providing smart home electric vehicle charging solutions, integrating products, services, and a robust digital platform [1]. - The company is a trusted partner of leading automotive manufacturers in China, supplying smart home electric vehicle charging stations and services to seven of the top ten automakers based on 2024 electric vehicle sales [1]. - The company has established a strong brand reputation and competitive advantage in the electric vehicle home charging solutions market, expanding its services to 22 countries [1]. Group 2: Retail Strategy - In 2020, the company launched its own retail brand "Zhida," rapidly building a large user base and gaining insights into retail customer needs [2]. - The company operates online stores on platforms such as Amazon, Tmall, Douyin, and Youzan, and plans to expand its presence on international e-commerce platforms [2]. - According to Frost & Sullivan, the company ranks among the top three brands in retail sales of home electric vehicle charging stations on e-commerce platforms for 2022, 2023, and 2024 [2]. Group 3: Use of Proceeds from IPO - Assuming no exercise of the over-allotment option and a reference price of HKD 75.27 per share, the net proceeds from the global offering are estimated to be approximately HKD 375 million [3]. - Approximately 38.0% of the net proceeds is expected to be used for overseas expansion over the next five years [3]. - About 36.5% of the net proceeds will be allocated to research and development to enhance the company's product and service offerings, as well as its digital platform and R&D capabilities [3]. - Approximately 10.0% of the net proceeds is planned for mergers and acquisitions to improve the company's comprehensive energy management solutions [3]. - Around 5.5% of the net proceeds will be used to upgrade existing production facilities in Xuancheng to accommodate new model designs [3]. - The remaining 10.0% is earmarked for general corporate purposes, including working capital needs [3].