Shanghai Zhida Technology Development Co Ltd (Ticker: 2650 HK), a China-based EV charging solutions provider, will list on the Hong Kong Stock Exchange on October 10, 2025. The company plans to offer 5.98 million shares at HKD 66.92–83.63 per share, raising about HKD 500 million ($57.8 million) and valuing it at roughly HKD 5.0 billion ($578 million). Founded in 2010, Zhida ranked first in China by sales volume and value of home EV chargers during its track record period, holding a 13.6% domestic and 9.0% global market share, according to Frost & Sullivan. It has delivered over 1.3 million chargers worldwide, supplies seven of China’s top ten EV makers, and operates its own retail brand across e-commerce platforms such as Amazon and Tmall. Zhida is also expanding into 22 countries, including Thailand and Brazil. Joint sponsors are BOCOM International, China Industrial Securities International, and First Capital.