• Stock performance: Shares climbed 3.4% to HK$226.40, their highest since debut on Oct 10, marking the sixth consecutive session of gains.
• Price surge since IPO: Up 238.3% from the offer price of HK$66.92.
• New contract: The company signed a 100+ million yuan (~$14.14 mln) EV charger sales contract with Saudi Controls Ltd to supply AC and DC chargers over the next five years.
• Strategic move: Shanghai Zhida calls the deal a key step into Saudi Arabia and the broader Middle East market.

Exchange rate: $1 ≈ 7.0744 CNY.