On July 22, Zhida Technology (02650.HK) fell 5.34% in regular trading, trading at HK$19.13/share, with turnover of HK$24.66 million.

The decline extends a sustained profit-taking trend following a sharp rally driven by the charging robot concept since late June. The stock surged over 30% on July 6 and nearly 19% intraday on July 13, fueled by catalysts including the landing of its annual 10,000-unit charging robot production base in Ningbo and aggressive overseas expansion plans. However, after the company released its 2.0 strategic upgrade on July 16, the stock entered a correction channel, with a single-day drop of 19.28% on July 17.

Despite the company globally launching its AI Energy + Robot integrated solution on July 21 targeting Robotaxi, ride-hailing, and logistics scenarios, the short-term positive failed to reverse selling pressure. The current decline continues this adjustment pattern, with cumulative pullback significant from recent highs.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)