同道猎聘：AI赋能，重构中高端人才服务价值链-20250329

Equity Research·Company Research·Other Internet Service Tongdao Liepin Group (6100.HK) With AI empowerment, Liepin reshapes the value chain of mid-to-high-end talent services Outperform (Initiation) | Forecast & Valuation | 2023A | 2024E | 2025E | 2026E | | --- | --- | --- | --- | --- | | Revenue (RMB mn) | 2,282.16 | 2,051.56 | 2,010.75 | 2,094.45 | | Growth (YoY %) | -13.49 | -10.10 | -1.99 | 4.16 | | Net profit (RMB mn) | 0.75 | 150.52 | 200.27 | 261.50 | | Growth (YoY %) | -98.31 | 19969.26 | 33.05 | 30 ...