Core Viewpoint - Zhidatech (02650) has seen its stock price rise over 4%, reaching a new high of 246 HKD, driven by a significant contract with Saudi Controls Ltd for electric vehicle charging stations [1] Group 1: Company Developments - Zhidatech has signed a contract worth over 100 million RMB with Saudi Controls Ltd for the supply of various AC and DC charging station products [1] - The collaboration will span five years, focusing on providing high-quality, localized electric vehicle charging products and services for the Middle East market [1] - 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 Position - Zhidatech is recognized as the largest provider of home charging solutions for electric vehicles globally [1] - The company operates under a "product + service + digital platform" model, which allows for deep market penetration [1] - According to Frost & Sullivan, Zhidatech holds approximately 9.0% of the global market share for home charging stations, with a 13.6% share in the Chinese market, ranking first in sales within China [1]
挚达科技再涨超4% 股价刷新上市新高 近日宣布斩获超亿元充电桩大单