
ZHIDA TECH
Listing Date | 2025/10/10 |
Listing Price | 66.920 |
- Subscription Rate5,440.80x
- Guarantee One Lot Size--
- One Lot Success Rate0.04%
Listing Date | 2025/10/10 |
Listing Price | 66.920 |
Shanghai Zhida Technology Development Co. have developed a “three-in-one” EV home charging solution consisting of products, services, and a digital platform, offering smart home EV chargers to both automakers and users.
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The Group’s product portfolio, including smart home EV chargers and accessories, EV charging robots, EMS solutions, and pipeline products, serves as the key entry portals to digital home energy management. The Group launched its own retail brand “摯達(Zhida)” in 2020.
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The Group ranked first in terms of sales volume and sales value of home EV chargers in China, according to the Report. The Group’s market share reached 13.6% in China and 9% globally in terms of the sales volume of home EV chargers. In terms of sales value of home EV chargers in China in 2024, the Group ranked the third, with a market share of approximately 6.6%.
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The Group delivered a cumulative number of 1.3 million home EV chargers globally and 1.2 million home EV chargers in China and its products and services serve 22 countries. The Group’s customers mainly include automakers, retail customers and distributors.
Market | Hong Kong (Main Board) |
Business Nature | Automobiles |
Major Business Area | China |
Board Lot | 50 |
No. of Offer Shares | 5.98M H shares |
No. of International Offer Shares | 5.38M H shares |
No. of HK Offer Shares | 0.60M H shares |
Offer Price | $66.92 - $83.63 |
Stock Code | 2650 |
Sponsor(s) | Shenwan Hongyuan Capital (H.K.) Limited |
Underwriter(s) | Shenwan Hongyuan Securities (H.K.) Limited, BOCOM International Securities Limited, China Industrial Securities International Capital Limited, First Shanghai Securities Limited, Livermore Holdings Limited, Yellow River Securities Limited, SPDB International Capital Limited, West Bull Securities Limited, Yuen Meta (International) Securities Limited |
Application Period | Sep 30 (Tue) - noon, Oct 06 (Mon) |
Price Determination Date | Oct 08 (Wed) |
Result Announcement Date | On or before Oct 09 (Thu) |
Result Announcement Date | On or before Oct 09 (Thu) |
Result Announcement Date | On or before Oct 10 (Fri) |
Dealings in Shares commence on | Oct 10, 2025. (Fri) |
Offer Price | $66.92 - $83.63 |
Capitalization | 4.00B - 5.00B |
NAV / share ($) | $6.56 - $8.17 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 75.27, the net proceeds raised would be HKD 375.00M, of which |
38% : Overseas expansion |
36.5% : Research and development to enrich our product and service offerings, enhance digital platform and research and development capabilities |
10% : Mergers or acquisitions activities to enhance capabilities in providing energy management services |
5.5% : Upgrading existing production facilities and equipment in Xuancheng factory to accommodate products designed for new vehicle types and emerging use scenarios |
10% : Working capital |
10/10/2025 16:08 |
{New Stock}ZHIDA TECH(02650) ends up 192.14% at HK$195.5 |
10/10/2025 09:20 |
{New Stock}ZHIDA TECH(02650) opens up 183.92% at HK$190 |
09/10/2025 18:35 |
{New Stock}ZHIDA TECH(02650) ends up 184.37% on grey market |
09/10/2025 16:20 |
{New Stock}ZHIDA TECH up 189.15% at HK$193.5 on grey market |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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