东方证券:维持碧桂园服务“增持”评级 数智化转型提升运营效率
Zhi Tong Cai Jing·2025-12-01 01:45

Core Viewpoint - Dongfang Securities maintains a "Buy" rating and a target price of HKD 6.83 for Country Garden Services (06098), highlighting the company's active expansion into community value-added services and its collaboration with Keda Nengtong in the electric vehicle charging business, aiming to cultivate new growth points and enhance future competitiveness through technology empowerment [1][2]. Group 1: Community Value-Added Services - The company is focusing on developing community value-added services, particularly in sectors such as automotive, home, retail, and services, with notable growth in community wine culture, achieving over 88% year-on-year growth in six trial regions, generating revenue of CNY 190 million [2]. - The company is advancing its community charging business, providing a one-stop service for charging station equipment and an independently developed operational management platform, with over 5000 communities operating approximately 600,000 charging sockets and a registered user base exceeding 5.5 million [2]. Group 2: Clean Robot Deployment - The company has accelerated the deployment of its self-developed "Zero Resident" cleaning robots, with over 130 units operational across 17 projects in cities like Guangzhou, Beijing, and Shanghai, and plans to expand to 1000 units within the year, aiming for standardized and large-scale applications in property management [3]. - Increased R&D investment is planned to enhance the robots' capabilities in complex scenarios, potentially creating new competitive advantages in efficiency, quality, and cost control [3].