Core Viewpoint - Zhidatech (02650) experienced a significant increase of over 12%, reaching a new high of 285.6 HKD per share, driven by a major sales order in collaboration with Saudi Controls Ltd [1] Group 1: Sales Order and Market Expansion - In December of last year, Zhidatech signed a sales order exceeding 100 million RMB with Saudi Controls Ltd, planning to supply various AC and DC electric vehicle charging products over the next five years [1] - The company aims to complete the production equipment by December 2025 and begin operations in Riyadh in the first quarter of 2026 to meet the growing demand in Saudi Arabia and the Middle East [1] - Zhidatech plans to expand its business into the UAE, Qatar, and Kuwait in the coming years to further solidify its market leadership in the Middle East [1] Group 2: Market Position and Product Strategy - As the largest provider of home electric vehicle charging solutions globally, Zhidatech employs a "product + service + digital platform" integrated model for deep market penetration [1] - According to Frost & Sullivan, the company 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]

Core Viewpoint - Zhidatech (02650) has seen its stock price rise over 4%, reaching a new high of 264 HKD, nearly 300% increase from 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 market [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 entering markets in the UAE, Qatar, and Kuwait to strengthen its market leadership in the Middle East [1]

Core Viewpoint - Zhidatech (02650) has seen its stock price rise over 5%, reaching a new high of 266.20 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, focusing on the supply of various AC and DC electric vehicle charging products over the next five years [1] - This partnership marks a strategic step for the company in the Saudi and broader Middle Eastern markets [1] Group 2: Future Plans - To meet the growing demand in Saudi Arabia and the Middle East, the company plans to complete the production equipment by December 2025 and ship it to Riyadh, with production expected to start in the first quarter of 2026 [1] - The new factory will establish Saudi Arabia as the company's manufacturing base in the Middle East, providing high-quality, localized electric vehicle charging products and services [1]

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 ship it to Riyadh, with production expected to start in the first quarter of 2026 [1] - The new factory will establish Saudi Arabia as the company's manufacturing base in the Middle East, providing high-quality, localized electric vehicle charging products and services [1] Group 2: Market Expansion Plans - Zhidatech aims to expand its business into the UAE, Qatar, and Kuwait, further solidifying its market leadership in the Middle East [1]

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]

Core Insights - The company, Zhidatech (02650.HK), has signed a sales order exceeding 100 million yuan with Saudi Controls Ltd, a local partner in Saudi Arabia [1] - This collaboration will involve the supply of various AC and DC electric vehicle charging station products over the next five years [1] - The partnership represents a strategic step for the company in the Saudi and broader Middle Eastern market [1] Company Summary - Zhidatech has established a significant partnership with a local Saudi company, indicating its commitment to expanding its presence in the Middle East [1] - The sales order is a substantial financial commitment, highlighting the potential for revenue growth in the electric vehicle infrastructure sector [1] Industry Summary - The collaboration aligns with the growing demand for electric vehicle charging solutions in the Middle East, reflecting a broader trend in the automotive and energy sectors [1] - The partnership may enhance the competitive positioning of Zhidatech within the rapidly evolving electric vehicle market [1]

Core Insights - The company has signed a sales order worth over 100 million yuan with Saudi Controls Ltd, marking a strategic step into the Saudi and broader Middle Eastern market [1] - A new manufacturing facility in Riyadh is set to be completed by December 2025, with production expected to start in the first quarter of 2026, establishing Saudi Arabia as a manufacturing base for the company in the region [1] - The company plans to expand its operations beyond Saudi Arabia to the UAE, Qatar, and Kuwait, aiming to strengthen its market leadership in the Middle East [1] Group 1 - The partnership with Saudi Controls Ltd will involve supplying various AC and DC electric vehicle charging products over the next five years [1] - The establishment of a production base in Saudi Arabia will create more job opportunities and support the local economy, aligning with the Saudi government's sustainable development goals [1] - The company will implement strict localization manufacturing standards to meet market demands and collaborate with local governments to support the development of electric vehicle charging infrastructure in the region [1] Group 2 - The company's strategy in the Middle East is not only about expanding market share but also represents a significant global positioning in the renewable energy sector [2] - The focus will remain on technological innovation to provide more efficient and environmentally friendly charging solutions, promoting electric mobility in the Middle East [2] - The company anticipates more business opportunities in the electric vehicle charging sector and will continue to explore new avenues to enhance shareholder returns [2]

Core Insights - The company has signed a sales order worth over 100 million yuan with Saudi Controls Ltd, marking a strategic step into the Saudi and broader Middle Eastern market [1] - A new manufacturing facility in Riyadh is set to be completed by December 2025, with production expected to start in the first quarter of 2026, establishing Saudi Arabia as a manufacturing base for the company in the region [1] - The company plans to expand its operations beyond Saudi Arabia to the UAE, Qatar, and Kuwait, aiming to solidify its market leadership in the Middle East [1] Group 1 - The partnership with Saudi Controls Ltd will involve supplying various AC and DC electric vehicle charging products over the next five years [1] - The establishment of a production base in Saudi Arabia will create more job opportunities and support the local economy while aligning with the Saudi government's sustainable development goals [1] - The company will implement strict localization manufacturing standards to meet market demands and collaborate with local governments to support the development of electric vehicle charging infrastructure in the region [1] Group 2 - The company's strategy in the Middle East is not only about expanding market share but also represents a significant move in the global renewable energy sector [2] - By deepening its presence and innovation in the Middle East, the company aims to accelerate the transformation of global smart electric mobility and bring profound changes to the electric vehicle ecosystem [2] - The company will continue to focus on technological innovation to provide more efficient and environmentally friendly charging solutions, contributing to the sustainable development of the global renewable energy industry [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表聲明，並明確表示概不會就因本公告全部或任何部分內容而產生或因依賴該 等內容而引致的任何損失承擔任何責任。 Shanghai Zhida Technology Development Co., Ltd. 上海摯達科技發展股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2650） 自願公告 業務更新 本公告由上海摯達科技發展股份有限公司（「本公司」，連同其附屬公司統稱「本集 團」）自願發佈，以向其股東及潛在投資者知會有關本公司的最新業務發展情況。 本公司與沙特合作簽署超億元電動汽車充電樁大單，佈局中東市場 近期，本公司與沙特阿拉伯本地合作夥伴Saudi Controls Ltd簽署了價值超億元的 銷售訂單，雙方將在未來5年內合作，本公司將供應多款交流及直流電動汽車充 電樁產品。這一重要合作標誌着本公司在沙特及更廣泛的中東市場中邁出了戰略 性一步。 沙特市場的巨大發展潛力 沙特阿拉伯作為中東地區經濟最強勁的國家之一，其能源轉型和環保政策正在快 速推進，尤其是在2030願景的戰略框架下，政府致力於 ...