国元国际:维持雅迪控股(01585.HK)“买入”评级 2025年盈利大幅增长

Group 1 - The core viewpoint of the report is that Yadea Holdings (01585.HK) is maintained with a "Buy" rating and a target price of HKD 16.43 per share, with a projected net profit growth of over 128% by 2025 due to increased sales of electric two-wheelers and optimization of high-value-added product structure [1] - The company has strengthened its market position through continuous R&D investment and brand marketing, leading to significant improvements in profitability, especially after the implementation of new national standards and the end of the industry transition period [1] - The industry demand is expected to stabilize and recover after the 2026 Spring Festival, indicating a positive outlook for the sector [1] Group 2 - In the past 90 days, three investment banks have given a "Buy" rating for Yadea Holdings, with an average target price of HKD 17.47 [1] - Yadea Holdings has a market capitalization of HKD 37.196 billion, ranking first among other transportation equipment industries [1] - Key indicators for Yadea Holdings are summarized in the report, highlighting its leading position in the market [1]