ZHIDA TECH-NEW (02650) announced that on May 13, 2026, the company entered into a Memorandum of Understanding with Shanghai Qiyuan Xin Power Technology Co., Ltd., a subsidiary under the State Power Investment Group. The collaboration focuses on engineering services and sales cooperation in overseas markets for electric vehicle trucks, tractors, mining machinery, battery swap stations, charging stations, charging and swapping robots, and energy storage equipment. Centered on expanding into international markets, the agreement aims to deeply integrate the respective strengths of the parties in products, technology, and services to jointly develop overseas operations and achieve mutually beneficial outcomes.