Core Viewpoint - Zhidatech (02650) has seen a stock increase of over 5%, currently up by 5.11% to HKD 230.2, with a trading volume of HKD 8.0626 million, following the announcement of a significant contract in Saudi Arabia [1] Group 1: Business Development - Zhidatech has signed a contract worth over 100 million yuan with local partner Saudi Controls Ltd for electric vehicle charging stations [1] - The collaboration will span five years, during which Zhidatech will supply various AC and DC charging products and establish a manufacturing base to provide high-quality, localized electric vehicle charging products and services for the Middle East market [1] - The production equipment is expected to be completed and shipped to Riyadh by December 2025, with production set to commence in the first quarter of 2026 [1] Group 2: Market Expansion - The establishment of the new factory signifies a deeper strategic presence for Zhidatech in Saudi Arabia [1] - In addition to focusing on the Saudi market, Zhidatech plans to expand its operations to other Middle Eastern countries, including the UAE, Qatar, and Kuwait in the coming years [1]
挚达科技涨超5% 与沙特合作签署超亿元电动汽车充电桩大单