Montage Technology(SH:688008) EBSCN·2025-06-18 01:14Industry Research - OPEC+ increased production by 180,000 barrels per day in May, with voluntary cuts from 8 countries contributing 154,000 barrels per day, and Saudi Arabia increasing production by 177,000 barrels per day. The increase was below the planned 410,000 barrels per day [2] - Geopolitical tensions, particularly between Iran and Israel, have led to attacks on each other's energy facilities, which may drive oil prices higher due to uncertainty in the geopolitical landscape [2] Company Research - The report highlights that the company, 澜起科技 (Lianqi Technology), is expected to benefit from the ongoing AI wave and the continued penetration of DDR5 technology, which will drive significant growth in net profit [3] - The net profit forecast for the company has been raised to 2.224 billion CNY for 2025 and 3.075 billion CNY for 2026, reflecting an increase of 15% from previous estimates. Additionally, a new forecast for 2027 projects net profit to reach 3.862 billion CNY [3] - The current stock price corresponds to price-to-earnings ratios of 41, 30, and 24 for the years 2025, 2026, and 2027 respectively, indicating a positive long-term growth outlook and maintaining a "buy" rating [3]