Congratulations to Shanghai Zhida Technology Development Co., Ltd. (2650.HK) on its Successful Listing

Congratulations to Shanghai Zhida Technology Development Co., Ltd. (2650.HK) on its successful Listing on the Mainboard of HKSE on 10 Oct 2025

Shanghai Zhida Technology Development Co., Ltd. was founded in 2010. It is a global leading enterprise in new energy vehicle charging and green energy digital technology, dedicated to taking "charging" as an entry point to promote new energy vehicles and green energy into families around the world, and contributing to the sustainable development of mankind. Its product portfolio includes smart home electric vehicle chargers and accessories, electric vehicle charging robots, EMS solutions, and pipeline products.

With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to financial instruments, financial assets and impairment of long-term assets.

Congratulations again Shanghai Zhida Technology Development Co., Ltd. (2650.HK) on its successful listing. The issue price of the shares is  HK66.92per share, and the amount of funds raised is HKD400.12 million.