大行评级丨里昂：上调瑞浦兰钧目标价至20港元 评级“跑赢大市”

Core Viewpoint - The report from Credit Lyonnais indicates that Ruipulan Jun's average product price has increased by 8% to 10% to 0.31 RMB per watt, primarily due to rising raw material costs. This development is seen as a successful cost pass-through, with limited impact on the company's gross margin [1] Group 1 - The company is expected to turn from a loss to a profit this year, with confidence in achieving a net profit margin of 4% and 5% in the following years [1] - The target price for the company's stock has been raised from 18 HKD to 20 HKD, maintaining an "outperform" rating [1]