10 Oct 2025

"Shanghai Zhida Technology Successfully Launches IPO on Hong Kong Stock Exchange"

"Davis Polk advised Shanghai Zhida Technology Development Co., Ltd. on its initial public offering and listing on the Hong Kong Stock Exchange, raising approximately HK$400 million. Founded in 2010, Zhida Technology focuses on electric mobility and green energy solutions, developing intelligent charging and home energy systems. The advisory team included partners Li He and Jason Xu, along with counsel Kevin Zhang, based in Hong Kong and Beijing."

Davis Polk advised Shanghai Zhida Technology Development Co., Ltd. in connection with its initial public offering and listing on the Hong Kong Stock Exchange. The transaction involved an international offering pursuant to Regulation S, with gross proceeds amounting to approximately HK$400 million, excluding the over-allotment option. The Davis Polk corporate team included partners Li He and Jason Xu, as well as counsel and registered foreign lawyer Kevin Zhang. The team members are based in the Hong Kong and Beijing offices.
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