HK Stock Market Move | ZHIDA TECH (02650) rose more than 56% during the trading day, and Siasun Robot & Automation has become the fastest-growing business line of the company.

ZHIDA TECH (02650) soared over 56% during the trading session, rising 44.09% to HK$20.1 at the time of writing, with a trading volume of HK$653 million. On the news front, ZHIDA TECH recently announced plans to raise over HK$200 million through a rights issue. 30% of the proceeds will be used for the research and development of new products for the optical storage and charging system; 30% will be used for the expansion of application scenarios and channels for Siasun Robot&Automation products, as well as the development of engineering and manufacturing capabilities; 20% will be used to expand the overseas market for the group's products; and 20% will be used for general operating funds for the group. Public information shows that ZHIDA TECH has launched three core charging products under Siasun Robot&Automation: the snake-shaped automatic charging "SmartLink", the blade-type home charging "Pioneer Robot", and the unmanned public charging "Smart Elephant". The company's 2025 annual report shows that Siasun Robot&Automation revenue has increased by 88.83%, as the fastest-growing business line of the company, and has been successfully implemented in various applications around the world, including home, public, and many specialized scenarios.