Core Viewpoint - Guohai Securities expresses optimism about Leap Motor's future development, maintaining a "Buy" rating for the company [1] Financial Projections - The company is expected to achieve operating revenues of 64.19 billion, 100.26 billion, and 128.13 billion yuan for the years 2025 to 2027, with year-on-year growth rates of 100%, 56%, and 28% respectively [1] - The projected net profit attributable to shareholders is 0.94 billion, 4.42 billion, and 6.41 billion yuan for the same period, indicating a turnaround and growth rates of +371% and +45% [1] - Earnings per share (EPS) are forecasted to be 0.66, 3.11, and 4.51 yuan for 2025, 2026, and 2027 respectively [1] Recent Developments - On October 16, Leap Motor unveiled its flagship D platform and the D19 flagship model [1] - On October 20, the company announced that its chairman and CEO, Zhu Jiangming, along with shareholder Fu Liqian, purchased a total of 3.2435 million shares of the company's H shares at an average price of approximately 63.19 HKD per share, reflecting strong confidence in the company's future [1] - The management's share purchase is seen as a strong signal of confidence in the company's long-term development [1]
国海证券:维持零跑汽车(09863)“增持”评级 管理层增持彰显发展信心