Changes in Hong Kong stocks | Zhida Technology (02650) rose more than 25% in early trading, German factory landing combined with Brazilian exhibition, overseas business revenue is expected to further increase

The Zhitong Finance App learned that Zhida Technology (02650) rose more than 25% in early trading. As of press release, it rose 21.65% to HK$10.45, with a turnover of HK$341 million.

According to news, recently, Zhida Technology's factory in Germany has officially landed. It will undertake the energy storage and charging system manufacturing business of well-known German automakers and supply them to the German and European markets. The transfer and construction of the new plant's real estate line is expected to be completed by the end of October, certification will be completed by the end of December, and officially put into operation in January next year. Furthermore, in August of this year, Zhida Technology brought overseas AC piles and DC pile products to the 2026 Sao Paulo Electric Vehicle and Charging Equipment Exhibition, further deepening the Brazilian new energy market.

According to Zhida Technology's interim results, in the first half of the year, the company's overseas business revenue reached 101 million yuan, a sharp increase of 73.2% over the previous year. The share of total revenue jumped from 14.8% in the same period last year to 29.7%. Overseas charging pile sales increased by about 110.5% year on year, reaching a record high. By 2027, the growth dividends brought about by high overseas growth are expected to be further evident.