Zhida Technology plans to raise about HK$203 million via share placement for charging infrastructure and robotics
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Zhida Technology (02650) saw its shares rise over 8% in early trading, according to a report from Zhitong Finance. The company announced a proposed placement of up to 23.67 million H-shares at HK$8.77 per share, aiming to raise net proceeds of approximately HK$203 million. The funds are allocated as follows: 20% for new production facilities for energy management services and equipment purchases; 30% for acquisitions related to deploying public charging infrastructure; 30% for investment in businesses along the robotics product manufacturing supply chain; and 20% for general working capital. The stock was trading at HK$11.04 at the time of reporting, with a turnover of HK$121 million.
Source report
Hong Kong, September 23, 2026 – Shares of Zhida Technology (02650) rose over 8% in early trading, and as of the time of writing, were up 3.08% at HK$11.04, with a turnover of HK$121 million.
Placement Details
The company announced a proposed placement of up to 23,670,550 placing shares, representing:
- Approximately 7.44% of the total issued H shares as of the date of this announcement
- Approximately 6.93% of the total issued H shares after the placement is completed
The placing price is set at HK$8.77 per placing share.
Expected Proceeds
Assuming all placing shares are fully subscribed:
| Item | Amount | |------|--------| | Total gross proceeds | Approximately HK$207.6 million | | Net proceeds | Approximately HK$203 million |
Use of Proceeds
The net proceeds from the placement are intended to be allocated as follows:
- 20% – Construction of new production facilities and purchase of equipment for the Group's energy management services
- 30% – Acquisition of businesses related to the Group's deployment of public charging infrastructure
- 30% – Investment in businesses involved in the upstream and downstream of robotics product manufacturing
- 20% – General working capital of the Group
Source
智通财经网Neutral / independent
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Zhida Technology raises HK$203M via discounted H-share placement for charging and robotics