ZHIDA TECH (02650) surged more than 25% during Tuesday morning trading. At the time of writing, the stock was up 20.21% at HK$8.655, with turnover reaching HK$232 million.

On the corporate front, on August 31, the company's subsidiary ZD ENERGY (Deutschland) GmbH officially inaugurated its factory in Germany. This facility is set to undertake manufacturing operations for energy storage and charging systems on behalf of a renowned German automaker, catering to both the German and broader European markets.

The relocation and construction of production lines at the new plant are expected to be completed by the end of October, with certification slated to wrap up before the year's end. Commercial production is scheduled to commence in January next year. Through this strategic deployment, the company's overseas business is poised for a significant qualitative leap, further accelerating its globalization trajectory.

Notably, on September 3, Tesla is holding its Cybercab launch event in the United States. This marks Tesla's first mass-production model designed entirely around the autonomous ride-hailing scenario and has already officially commenced operations in Austin, Texas. The vehicle is AI-driven and operates autonomously through the full self-driving (FSD) system. The era of driverless mobility is transitioning from concept to reality.

ZHIDA TECH, building on a decade of industry expertise, has taken the lead in commercializing a combined "autonomous driving plus automated charging" solution.