Core Viewpoint - Zhidatech (02650) has seen its stock price rise over 4%, reaching a new high of 264 HKD, nearly 300% above its IPO price, following the announcement of a significant sales order in Saudi Arabia [1] Group 1: Company Developments - Zhidatech has signed a sales order worth over 100 million RMB with local partner Saudi Controls Ltd, marking a strategic step into the Saudi and broader Middle Eastern markets [1] - The company plans to complete production equipment by December 2025 and begin operations in Riyadh in the first quarter of 2026, establishing Saudi Arabia as its manufacturing base in the region [1] - Future expansion plans include extending operations to the UAE, Qatar, and Kuwait to strengthen its market leadership in the Middle East [1]
港股异动 | 挚达科技(02650)涨超4%再创新高 较招股价已涨近3倍 公司签过亿元订单拓展中东市场