Core Viewpoint - CICC has raised the target price for Laopu Gold (06181.HK) by 22% to HKD 1,079.06, maintaining an "outperform" rating for the industry [1] Group 1: Financial Performance - CICC has increased its forecast for Laopu Gold's net profit attributable to shareholders for 2025 and 2026 by 42% and 48%, respectively, to RMB 4 billion and RMB 5.7 billion [1] Group 2: Product and Market Strategy - Laopu Gold launched new products, including the Gourd Baby and Seven Sons Gourd series, effectively combining traditional Chinese cultural elements with exquisite manufacturing techniques [1] - The company is actively opening new stores in high-end commercial areas, with larger store sizes compared to traditional outlets, which is expected to enhance the consumer shopping experience [1] - The company plans to accelerate store openings in 2025, with significant improvements in location and size [1]
中金：上调老铺黄金目标价22% 维持“跑赢行业”