Zhi Tong Cai Jing·2025-11-03 08:13Core Viewpoint - Bank of America Securities has raised its profit forecasts for Zoomlion (000157)(01157) for 2025 to 2026 by 5% based on increased revenue projections, and has upgraded the target price for Zoomlion's H-shares from HKD 7.6 to HKD 8.5, and for A-shares from CNY 10.4 to CNY 10.9, maintaining a "Buy" rating due to the company's strengthening position in overseas markets and contributions from new products [1] Financial Performance - In Q3, Zoomlion's revenue increased by 25% year-on-year to CNY 12.3 billion, exceeding Bank of America's expectations by 21% [1] - For the first three quarters of the year, cumulative revenue grew by 8% year-on-year to CNY 37 billion, while net profit rose by 25% year-on-year to CNY 3.9 billion [1] - Operating cash flow for the period increased significantly, up 137% year-on-year to CNY 2.9 billion [1] Future Growth Prospects - Zoomlion is actively developing robotic products, with new production lines expected to be operational by 2026, which may serve as a new long-term growth engine for the company [1]