研报掘金丨国盛证券：维持惠而浦“买入”评级，拟认购惠而浦集团普通股，进一步深化合作

Core Viewpoint - Whirlpool plans to subscribe to common stock of Whirlpool Group, aiming to deepen collaboration and enhance its global binding and synergy, which will increase its influence and strengthen cooperation [1] Group 1: Financial Performance - The current TTM dividend yield for WHR is 4.95%, indicating a favorable financial return rate [1] - Projected net profit for the company from 2025 to 2027 is expected to be 505 million, 616 million, and 743 million yuan, representing year-on-year growth of 150.5%, 21.8%, and 20.7% respectively [1] Group 2: Market Opportunities - The company is set to benefit from orders from Whirlpool Group, increased OEM releases in Japan and Southeast Asia, and cost reduction and efficiency improvements following the acquisition by Galanz [1] - Changes in competitive dynamics within the industry are expected to align with Galanz's demands, indicating potential for future growth [1]