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2910 — Shanghai Zhida Technology Development Co News Story

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Shanghai Zhida jumps most on record on product launches, tie-up

** Shanghai Zhida Technology Development 2650.HK soars 25.3% to HK$44.66; on course for biggest one-day pct gain since debut on October 10

** Stock hits highest since April 20

** Chinese smart home EV chargers producer launches three core new products, including home automated charging robot, unmanned public charging solution for Robotaxi and overseas AC EV charger Nexus

** Co signs ecosystem cooperation agreements with Shanghai Westwell Technology, Shanghai Tongji Science & Technology, Sanming Xincheng Investment, others to deepen collaboration in autonomous driving, charging infrastructure deployment

** However, shares 41.4% below offer price of HK$66.92

** YTD, stock down 0.4%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))

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