大行评级丨里昂：上调康龙化成H股目标价至28.8港元 上调营收与净利预测

Group 1 - The core viewpoint of the report is that 康龙化成 has raised its revenue growth guidance for 2025 from an annual increase of 10%-15% to 12%-16%, expecting double-digit growth in adjusted net profit [1] - The report highlights that the increase in guidance and accumulation of orders is a positive sign amid geopolitical uncertainties for the end of this year and into next year [1] - The target price for 康龙化成's H-shares has been raised from HKD 24.7 to HKD 28.8, and the target price for A-shares has been increased from CNY 34.8 to CNY 40.6, while maintaining an "outperform" rating [1]