---
title: "Understanding the Market | ZHIDA TECH rose over 6% as the \"three-year doubling\" plan for charging piles was introduced, institutions are optimistic about the acceleration of charging pile construction bringing incremental growth"
description: "ZHIDA TECH's stock price rose over 6%, with an increase of 6.53% as of the time of publication, trading at HKD 199, with a transaction volume of HKD 6.5339 million. The National Development and Reform"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261351501.md"
published_at: "2025-10-16T01:53:03.000Z"
---

# Understanding the Market | ZHIDA TECH rose over 6% as the "three-year doubling" plan for charging piles was introduced, institutions are optimistic about the acceleration of charging pile construction bringing incremental growth

> ZHIDA TECH's stock price rose over 6%, with an increase of 6.53% as of the time of publication, trading at HKD 199, with a transaction volume of HKD 6.5339 million. The National Development and Reform Commission and other departments released the "Three-Year Doubling Action Plan for Electric Vehicle Charging Facility Service Capacity (2025-2027)," which plans to build 28 million charging facilities by the end of 2027 to meet the charging needs of over 80 million electric vehicles. Huatai Securities is optimistic about the development of the charging pile industry, believing that this plan will drive the release of charging pile demand

According to Zhitong Finance APP, ZHIDA TECH (02650) rose over 6%, with a current increase of 6.53%, priced at HKD 199, with a transaction volume of HKD 6.5339 million.

On the news front, on October 15th, the National Development and Reform Commission and other departments jointly issued the "Three-Year Doubling Action Plan for Electric Vehicle Charging Facility Service Capacity (2025-2027)", which clearly proposes to significantly increase the construction scale of private charging facilities. The plan requires that all fixed parking spaces in new residential areas be equipped with or reserved for charging facilities, and existing residential areas should supplement charging facilities in conjunction with renovations, while simultaneously promoting the upgrade of supporting power grids. The goal is to establish 28 million charging facilities by the end of 2027 to meet the charging needs of over 80 million electric vehicles, achieving a doubling of service capacity.

As the world's largest provider of home charging solutions for electric vehicles, ZHIDA TECH is deeply engaged in a "product + service + digital platform" integrated model. According to Frost & Sullivan data, the company's global market share for home charging piles is approximately 9.0%, with a market share of 13.6% in China, ranking first in sales in the Chinese market. Huatai Securities believes that the action plan paves the way for the development of the charging pile industry from a top-level design perspective and provides a bottom-line target, which is expected to drive the release of charging pile demand, and is optimistic about the performance growth of charging pile manufacturers, charging module companies, and operating companies as the industry develops in a high-quality manner

### Related Stocks

- [02650.HK - ZHIDA TECH](https://longbridge.com/en/quote/02650.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.