ZHIDA TECH (02650) released its first interim results since listing on August 17, with shares showing active trading during the session. The stock rose as much as 4% intraday, and its closing performance outpaced the broader Hong Kong market that day.

A key highlight from the interim report is the rapid growth of overseas business. International revenue contribution climbed to 29.7% of total revenue, while overseas charging pile sales surged 110.5% year-on-year, setting a new record high. Shipments to markets including Thailand, Brazil, and the UAE saw substantial increases.

The company's cash position also strengthened, with cash and cash equivalents rising to RMB 460 million by period-end, bolstering its cash reserves. Notably, ZHIDA TECH has upgraded its strategy to position itself as an "AI-driven integrated provider of smart energy and robotics solutions," focusing on "AI energy + robotics" and deploying across both residential and public scenarios. This shift moves its growth emphasis toward higher value-added segments.

Market participants appear to be endorsing the company's growth narrative, as evidenced by the positive price action reflecting confidence in its overseas expansion and the "AI energy + robotics" strategic direction.