On November 28, ZD Energy resubmitted its A1 prospectus for the Hong Kong IPO, marking a significant step forward in its continued progress toward a successful listing.

As competition in the electric vehicle (EV) industry intensifies, with automakers engaged in price wars that squeeze profit margins across the supply chain, ZD Energy remains focused on leveraging its operational strengths and market leadership to navigate these challenges. Uncertainty in downstream demand has added more variables to the industry, capital markets have raised the bar for IPOs in the sector.

Resubmitting an IPO application is a standard practice in the Hong Kong market, with prospectuses being valid for six months. ZD Energy’s decision to resubmit its application aligns with industry norms and reflects confidence in the company’s fundamentals, ensuring continued progress toward a successful listing. ZD Energy’s decision to resubmit reflects not only its confidence in future development but also its strong operational foundation.

Additionally, its founder and actual controller, Dr. Huang Zhiming, recently reached an agreement with investors to extend a performance compensation arrangement to the end of 2026, easing short-term financial pressures and providing the company with ample time to optimize its strategic planning and enhance long-term growth potential.

ZD Energy: Global Leader in Smart EV Charging Solutions with a Focus on Sustainable and Profitable Growth

ZD Energy specializes in smart home EV charging solutions, offering a “three-in-one” ecosystem comprising products, services, and digital platforms to OEMs. Leveraging industry growth opportunities, the company rapidly expanded its business and delivered a cumulative 1.2 million EV chargers during the track record period. According to Frost & Sullivan, ZD Energy ranked as the world’s largest home EV charging solutions provider by sales volume during this period.

While profitability remains a goal, ZD Energy is focused on expanding its market share in a competitive environment by strategically optimizing prices, and positioning itself for long-term profitability as the market stabilizes. This approach, while impacting short-term revenue and profitability, positions the company to strengthen its market leadership. As competition stabilizes, ZD Energy plans to prioritize improving gross margins and achieving sustainable profitability.

Meanwhile, ZD Energy is actively expanding into overseas markets by focusing on localized production, strategic partnerships, and building a robust international sales and service network. This approach aims to capture global market growth opportunities, accelerate overseas revenue growth, and further diversify the company’s income streams. Additionally, the company is strengthening its high-margin retail channels by leveraging effective marketing strategies and multi-channel distribution to optimize its revenue structure and enhance profit margins.

Strategic Innovation: Building ZD Energy’s Second Growth Curve through Advanced Charging Technologies

Moreover, the company’s EMS solutions, to further strengthen home EV charging capabilities, drive growth, and enhance profitability. These innovations aim to enhance home EV charging, drive growth, and boost profitability, forming the company’s second growth curve.

ZD Energy has mastered critical technologies for autonomous charging robots, offering products across various charging scenarios, including AC and DC, fixed and mobile solutions, as well as robotic arms with gripper-style or snake-like designs. These technologies enable the creation of an integrated ecosystem connecting people, vehicles, and smart living seamlessly. Meanwhile, its EMS solutions integrate renewable energy into homes, storage batteries, and EVs, reducing carbon emissions and creating a closed-loop energy system from vehicles to homes.

Amid the global energy transition, ZD Energy’s EV charging robots and EMS solutions are poised for significant growth, with these products facing less pricing pressure than traditional EV chargers, offering greater profitability potential. By continuing to prioritize the development of innovative solutions, ZD Energy aims to seize future market opportunities and enhance its long-term profitability.

ZD Energy is improving its operational efficiency and competitiveness through strategic cost management. This, combined with revenue growth, is expected to lead to steady financial performance improvements. While the focus on expanding market share may impact short-term profitability, the company remains well-positioned for long-term growth and competitive advantage. Although its short-term profitability may be impacted by price reductions, ZD Energy’s long-term growth prospects remain strong, underpinned by its strategic investments and market-leading position. In the medium to long term, as competition stabilizes, ZD Energy is positioned to achieve sustainable growth, underpinned by its market-leading position, continuous innovation, and proactive strategic planning.