Zhejiang Dingli Co Ltd. （603338.SS）：Read~across from US AWP OEMs/rental companies’ 2Q24： Softened fleet utilization； rental capex cadence continued to normalize
Goldman Sachs·2024-08-14 03:01
13 August 2024 | 5:42PM HKT 2131d4eaf4cb4d50b1d51c8af07b64b4 Zhejiang Dingli Co Ltd. (603338.SS) Read-across from US AWP OEMs/rental companies' 2Q24: Softened fleet utilization; rental capex cadence continued to normalize Buy 603338.SS 12m Price Target: Rmb81.00 Price: Rmb51.85 Upside: 56.2% Nick Zheng, CFA +852-2978-1405 | nick.zheng@gs.com Goldman Sachs (Asia) L.L.C. Yan Lin +852-2978-7020 | yan.lin@gs.com Goldman Sachs (Asia) L.L.C. Selina Yan +852-2978-0178 | shuling.yan@gs.com Goldman Sachs (Asia) L.L. ...