Siam Premier Advises on Landmark Hong Kong IPO for Leading EV Charging Manufacturer
We are proud to announce that Siam Premier International Law Office Limited acted as Thai legal counsel to Shanghai Zhida Technology Development Co., Ltd. in its successful global listing on the Main Board of the Hong Kong Stock Exchange (HKEX) on 10 October 2025 (Stock Code: 2650).
Zhida Technology, founded in 2010, has grown to become one of the world’s leading EV charging solutions providers, ranking first in China by sales volume of home EV chargers (13.6% market share) and third by value, with a 9% global market share. The company has delivered over 1.3 million chargers worldwide, including Thailand, where it has two subsidiaries for manufacturing and trading operations for domestic and international markets. The IPO involved a global offering of approximately 5.98 million H-shares, with maximum offer price at HKD 83.63 per share, expected fund raising around HKD 500 million (USD 57.8 million) and valuing the company at approximately HKD 11 billion (USD 1.4 billion).
This transaction demonstrates Siam Premier’s expertise in cross-border capital markets and corporate transactions, particularly in the EV and clean energy sectors. Our role included representing Zhida Technology on Thai legal aspects of the group’s structure, regulatory compliance, and legal implications.
The Siam Premier team was led by Tassanu Chutikanon (Partner) and Tipanand Valyasevi (Senior Associate), with support from dedicated lawyers in our team.