美银证券：微升雅迪控股目标价至17.1港元 重申“买入”评级

Group 1 - The core viewpoint of the report is that Yadea Holdings (01585) experienced a significant revenue growth of 33% year-on-year in the first half of the year [1] - The sales volume increased by 38% year-on-year, benefiting from the old-for-new subsidy policy and channel inventory replenishment demand [1] - The gross profit margin reached 19.6%, an increase of 1.6 percentage points compared to the previous year [1] - Net profit saw a substantial year-on-year growth of 60%, aligning with prior performance forecasts [1] Group 2 - The target price for Yadea Holdings has been slightly raised from HKD 17 to HKD 17.1, with a reiterated "Buy" rating [1] - The company is expected to continue expanding its market share [1]