Group 1 - The core viewpoint of the report is that both Guoxuan High-Tech (002074) and Zhongxin Innovation (03931) have shown positive performance in the past quarter, with increased battery shipments year-on-year [1] - Zhongxin Innovation's gross margin expansion is particularly noteworthy, with a significant year-on-year profit increase of 195% to 236 million RMB in the second quarter [1] - The revenue for Zhongxin Innovation also rose by 25% year-on-year, contributing to a total profit of 466 million RMB for the first half of the year, which is an 87% increase compared to the previous year, achieving 33% of the annual forecast [1] Group 2 - The report sets a target price of 27 HKD for Zhongxin Innovation, with a rating of outperforming the market [1]
里昂：予中创新航目标价27港元 评级“跑赢大市”