Zhida Technology (02650) experienced a remarkable surge of over 25% during trading hours. By press time, the stock had risen by 23.19%, trading at HK$8.87, with a substantial trading volume of HK$264 million. The company's German subsidiary, which is under its full control, has officially set up its factory. This facility will be responsible for manufacturing energy storage and charging systems for a renowned German automotive company, catering to the German and broader European markets. The production line transfer and construction are expected to be completed by the end of October, with certification anticipated by the end of December. Official production is slated to commence in January of the following year. With these developments, Zhida Technology's overseas business is anticipated to witness a significant upswing, further accelerating its globalization journey. Moreover, on September 3, Tesla unveiled its first mass-produced self-driving ride-hailing vehicle, the Cybercab, and commenced operations in Austin, USA. Zhida Technology has emerged as a frontrunner in implementing the 'self-driving + autonomous charging' solution.