Shares of ZHIDA TECH (HKEX: 02650) surged nearly 19% during the trading session. At the time of writing, the stock was up 10.13% to HK$25.44, with a trading volume of HK$214 million.

The recent price movement follows the news that the company, in a joint venture with Ningbo High-tech Zone, has completed the registration and obtained the business license for Ningbo Zhida Embodied Intelligence Technology Co., Ltd. The jointly built Automatic Charging Robot Engineering R&D and Manufacturing Base (National Center) project has officially commenced in Ningbo High-tech Zone.

This development signifies that ZHIDA TECH's full industry chain layout in the robotics field, encompassing "R&D—Manufacturing—Operations," is now largely established. The company has become the first globally to achieve a closed-loop industry chain with an annual production capacity of 10,000 units in the charging robot sector.

It is reported that ZHIDA TECH has already launched three core products: the serpentine automatic charging robot "SmartLink," the blade-type home charging robot "Pioneer Robot," and the unmanned public charging robot "SmartElephant."

According to the company's 2025 annual report, its robotics revenue grew by 88.83%. As the company's fastest-growing business line, it has been successfully deployed in various application scenarios worldwide, covering household, public, and numerous specialized settings.