Core Viewpoint - The report from Credit Lyonnais indicates a positive outlook for Ruipu Lanjun (00666) following comprehensive discussions with the management, highlighting insights into the company's current performance and future prospects [1] Group 1: Pricing and Cost Management - The average selling price of the company's products has increased by 8% to 10%, reaching 0.31 RMB per watt, primarily due to rising raw material costs [1] - This development is viewed as a successful cost pass-through, with limited impact on the company's gross margin [1] Group 2: Profitability Outlook - Credit Lyonnais maintains confidence that Ruipu Lanjun will turn from loss to profit this year, with projected net profit margins of 4% and 5% for the next two years [1] - The target price for the stock has been raised from 18 HKD to 20 HKD, with an investment rating of outperforming the market [1]
里昂：维持对瑞浦兰钧今年扭亏为盈信心 上调目标价至20港元