Breton Technology Co., Ltd. Announces Strategic Cooperation with Shanghai Zhida Technology Development Co., Ltd.
Date: June 2, 2026
Stock Code: 1333 (Breton Technology Co., Ltd.)
Stock Code: 2650 (Shanghai Zhida Technology Development Co., Ltd.)
Key Highlights for Investors
- Framework Letter of Intent Signed: Breton Technology Co., Ltd. has entered into a non-binding letter of intent for strategic cooperation with Shanghai Zhida Technology Development Co., Ltd., marking a major step towards long-term collaboration in the new energy engineering equipment and intelligent charging infrastructure sectors.
- Three-Year Cooperation Plan: The Letter of Intent outlines a three-year period during which both parties will work towards mutual goals based on complementary advantages and win-win cooperation.
- Significant Procurement Targets:
- Breton Technology intends to purchase at least 5,000 units of high-power chargers or charging robot equipment from Zhida Technology.
- Zhida Technology plans to purchase (directly or via recommended third parties) at least 500 units of electric mining trucks from Breton Technology.
- Market Expansion: Both parties will act as non-exclusive agents for each other’s products and services in overseas markets, including Indonesia, Australia, Latin America, and other regions.
- Shared Service & After-Sales Network: Plans to jointly invest in the establishment of an overseas shared service and after-sales center, integrating repair stations, technical personnel, and spare parts inventory.
- Joint R&D and Product Adaptation: Formation of a joint technical team to develop intelligent charging solutions tailored for zero-carbon mining scenarios and sharing operational data to optimize efficiency and maintenance.
- Market Promotion & Consortium Projects: Joint promotion of “Mining Operation Robot Cluster + Intelligent Charging Robot System” and participation in specific projects as a consortium or strategic partnership.
- Potential Joint Venture: Subject to conditions, both parties may establish a joint venture company for coordinated market development, product sales, and after-sales services in targeted regions or projects.
- Intellectual Property: Ownership and benefit distribution of jointly developed IP will be agreed separately, based on contributions to specific projects.
- Brand Cooperation: Both parties may engage in brand licensing and marketing to boost brand recognition in target markets.
- Nature of Agreement: The Letter of Intent is non-binding and serves as a framework. Formal, legally binding agreements will follow, subject to negotiation and definitive terms.
Why This Matters for Shareholders
- Growth Potential: The cooperation aims to accelerate commercialization and strengthen the Company’s presence in smart mining and charging infrastructure. This could significantly enhance Breton’s competitiveness, drive green transformation, and deliver mutual benefits.
- Material Transaction Possibility: If formal agreements are signed, the cooperation may constitute a discloseable transaction under Hong Kong Stock Exchange Listing Rules. This could be price sensitive and may impact share value.
- Caution Advised: Shareholders and potential investors are urged to exercise caution. As no formal legally binding agreement has been signed yet, outcomes are uncertain. Further announcements will be made if significant progress or formal agreements are reached.
Company Profiles
- Breton Technology Co., Ltd.: Specializes in pure electric construction equipment and unmanned driving technology, with a focus on smart mining applications.
- Shanghai Zhida Technology Development Co., Ltd.: A joint stock company listed in Hong Kong, known for its smart charger technology and charging robot system integration. Zhida is recognized as the first global smart charger stock.
Board and Management
Breton Technology’s board is led by Chairman, General Manager, and Executive Director Mr. Chen Fangming, alongside other executive, non-executive, and independent non-executive directors.
Potential Impact
- Successful implementation of this strategic cooperation could substantially boost both companies’ market positions, technology offerings, and revenue streams in the rapidly growing zero-carbon smart mining and charging infrastructure sectors.
- Investors should monitor further updates, as formal agreements and project announcements may materially affect share prices.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. The cooperation described is currently non-binding and subject to formal agreements. Shareholders and investors should exercise caution and refer to official Company announcements and regulatory disclosures for the latest information.
