Core Insights - The article highlights the successful listing process of Zhida Technology on the Hong Kong Stock Exchange, marking a significant milestone for the company [1][2]. Industry Growth - The electric vehicle (EV) home charging solutions industry is experiencing explosive growth driven by dual factors: the push for carbon neutrality and the increasing penetration of electric vehicles [2][4]. - Global EV sales reached 7.7 million units in the five months ending May 31, 2025, representing a year-on-year growth of 32.1% [4]. - The global market for EV home charging solutions is projected to reach RMB 34.2 billion by 2029, with a compound annual growth rate (CAGR) of 19.2% from 2024 to 2029 [4]. Market Position - Zhida Technology is recognized as one of the largest suppliers of EV home charging solutions globally, holding a 9.0% market share in the home EV charging pile sales [5][6]. - In the Chinese market, Zhida Technology ranks first with a market share of approximately 13.6% [5]. - The company has shipped a total of 1.3 million home EV charging piles globally, with 1.2 million units in China, covering over 360 cities and completing more than 1.3 million installation and after-sales service tasks [5]. Strategic Partnerships - Zhida Technology has established deep collaborations with seven of the top ten EV manufacturers in China, enhancing its market advantage and facilitating global expansion through these partnerships [6]. Unique Business Model - The company employs a "product + service + digital platform" model, which addresses industry pain points and creates a competitive edge [8]. - The product range includes smart home EV charging piles and high-margin products like charging robots and energy management systems (EMS) [8][9]. - The service network is the largest in China, providing comprehensive support from installation to long-term maintenance, which increases customer loyalty and satisfaction [9]. Digital Platform - The digital platform serves as the core of Zhida Technology's business model, enabling efficient management of installation and after-sales services, as well as supporting shared charging services [10]. - The platform allows users to control charging remotely and optimize service efficiency through data accumulation, transforming charging piles into essential components of home energy management [10]. Innovation and Future Outlook - The "SmartLink" automatic charging robot, launched in May 2025, addresses user pain points related to charging convenience and is positioned to lead in high-tech barriers [10]. - As a leader in the home charging pile market, Zhida Technology is well-positioned to leverage capital for increased R&D, market expansion, and service network enhancement, capitalizing on the growth of the EV home charging industry [11].

Core Insights - The electric vehicle home charging solutions industry is experiencing explosive growth driven by dual factors of "dual carbon" goals and increasing penetration of electric vehicles [1][2] - Shanghai Zhida Technology Development Co., Ltd. (Zhida Technology) is a leading player in this market, leveraging a "product + service + digital platform" business model [1][2] Industry Overview - Global electric vehicle sales reached 7.7 million units for the five months ending May 31, 2025, representing a year-on-year growth of 32.1% [2] - The global market for electric vehicle home charging solutions is projected to reach RMB 34.2 billion by 2029, with a compound annual growth rate (CAGR) of 19.2% from 2024 to 2029 [2] - Emerging markets are becoming new growth engines, with projected CAGRs of 12.6% for China, 14.4% for Europe, 14.3% for North America, 52.3% for South America, 49.4% for the Middle East, and 63.2% for Southeast Asia by 2029 [2] Company Performance - Zhida Technology has shipped a total of 1.3 million home electric vehicle charging piles globally, with 1.2 million units shipped in China, covering over 360 cities [3] - The company has established a presence in 22 countries, particularly in rapidly growing markets like Thailand and Brazil [3] - Zhida Technology collaborates with seven of the top ten electric vehicle manufacturers in China, enhancing its market position and facilitating global expansion [3] Business Model - Zhida Technology's unique "product + service + digital platform" model addresses industry pain points and creates a competitive advantage [4] - The company offers a diverse product matrix centered around smart home electric vehicle charging piles, catering to various manufacturer needs [4] - The digital platform enhances service efficiency and enables features like smart remote control and energy management, transforming charging piles into core energy management tools [5] Innovation and Future Outlook - The "SmartLink Snake" automatic charging robot, set to launch in May 2025, addresses user convenience and expands the company's technological edge [5] - Zhida Technology is well-positioned to leverage capital from its upcoming IPO to increase R&D investment, expand overseas, and enhance service networks [6] - The value of home charging piles is expected to exceed that of mere charging devices, with Zhida Technology poised to benefit from the integration of energy transformation and smart mobility [6]