---
title: "Shanghai Zhida Signs SPIC Subsidiary MOU to Drive Overseas New-Energy Expansion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286252337.md"
description: "Shanghai Zhida Technology Development Co., Ltd. has signed a memorandum of understanding with Shanghai Qiyuanxin Power Technology Co., Ltd., a subsidiary of SPIC Group, to collaborate on engineering services and sales for electric vehicles and related infrastructure in overseas markets. This partnership aims to enhance Shanghai Zhida's global presence in new-energy sectors and create a growth platform for both companies."
datetime: "2026-05-13T11:23:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286252337.md)
  - [en](https://longbridge.com/en/news/286252337.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286252337.md)
---

# Shanghai Zhida Signs SPIC Subsidiary MOU to Drive Overseas New-Energy Expansion

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The latest update is out from Shanghai Zhida Technology Development Co., Ltd. Class H ( (HK:2650) ).

Shanghai Zhida Technology Development Co., Ltd. has signed a memorandum of understanding with Shanghai Qiyuanxin Power Technology Co., Ltd., a subsidiary of SPIC Group, to collaborate on engineering services and sales for electric trucks, tractors, mining machinery and supporting charging, battery-swapping and energy storage equipment in overseas markets. The partners plan to integrate their respective strengths in products, technology and services to jointly expand international business, a move aimed at boosting Shanghai Zhida’s presence in global new-energy infrastructure and mobility supply chains while creating a mutually beneficial growth platform for both parties.

**More about Shanghai Zhida Technology Development Co., Ltd. Class H**

Shanghai Zhida Technology Development Co., Ltd. is a PRC-incorporated technology company whose business covers engineering services and solutions linked to electric trucks, tractors, mining machinery and related charging and energy storage infrastructure. The company is listed in Hong Kong under stock code 2650 and targets growth opportunities in overseas new-energy and industrial equipment markets.

**Average Trading Volume:** 1,957,393

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$5.49B

For a thorough assessment of 2650 stock, go to TipRanks’ Stock Analysis page.

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