Zhida Technology IPO: Stock, Charging Piles & Investment Details

Zhida ⁣Technology (2650.HK) IPO Analysis – February 29,‌ 2024

This report summarizes data regarding the recent IPO of Zhida Technology (stock code 2650.HK).

1. company Overview:

Zhida Technology develops electric vehicle (EV) charging piles. ⁤ BYD has‍ an investment‍ in the ​company.

2. IPO Details:

*⁤ Stock Code: ⁣ 2650.HK
* Funds Raised: 500 million yuan ⁣(approximately $69.5 million USD – conversion​ rate as of feb 29, 2024)
*‍ ⁢ Margin Purchase: 3.7 billion yuan
* ‍ Over-Subscription: 73 times
* First-Hand Entry Fee: 4,224 yuan (approximately ⁤$586 ⁢USD – conversion rate ⁢as of Feb 29,2024)

3.‌ Sources:

* ⁤ Hong⁢ Kong Economic Daily HKET

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