Investment Rating - The report maintains a "Buy" rating for the company with a target price of 17.43 CNY [2][6] Core Views - The company is expected to achieve a net profit attributable to the parent company of 59.47 billion CNY, 82.68 billion CNY, and 101.25 billion CNY for the years 2024 to 2026 respectively, with a comparable company average PE valuation of 21 times [2] - The report highlights the sustained high growth in new energy vehicle sales and the deepening collaboration between the company and Huawei [1][7] Financial Summary - **Revenue Forecast**: The company’s revenue is projected to grow from 121.25 billion CNY in 2022 to 213.01 billion CNY in 2026, with a CAGR of approximately 15.5% from 2024 to 2026 [4][10] - **Net Profit**: The net profit attributable to the parent company is forecasted to decline from 11.33 billion CNY in 2023 to 5.95 billion CNY in 2024, before recovering to 8.27 billion CNY in 2025 and 10.13 billion CNY in 2026 [4][10] - **Earnings Per Share (EPS)**: EPS is expected to decrease to 0.60 CNY in 2024, then rise to 0.83 CNY in 2025 and 1.02 CNY in 2026 [4][10] - **Profitability Ratios**: The gross margin is projected to decline from 20.5% in 2022 to 16.1% in 2024, before slightly improving to 18.0% by 2026 [4][10] - **Valuation Ratios**: The company’s PE ratio is expected to be 21.9 in 2024, decreasing to 12.9 by 2026 [4][10]

今晚约了个高中同学局，肯定要喝酒的，我下午先写点。 倒是初中和小学同学......我了解到的情况是方差挺大的，从事的职业五花八门什么都有，所以人生路上 第一道分水岭我觉得可能是中考，毕竟一半的人会被淘汰上不了普高，分流后的人生大概就是天南地 北，各奔东西。 之前有读者问我和所有同学都有联系吗，分情况，小学同学就有1-2个在联系，初中同学稍微多点，3-4 个，高中同学联系的多，只要是在临海本地发展的7-8个男同学每年都会聚的，女同学联系的少，毕竟 婚后大都以家庭为重，不合适约出来喝酒 大学同学里当初一起打cs的五六个队友关系最好，每年都要聚的，包括我每晚夜报写完下钟了，就约他 们去5e打天梯，一般打到12点半才下线。其余同学没怎么联系了。 之前读者说同学里都是混的好的还会联系，混的不好的就逐渐失联了。这其实也是人之常情，毕业后在 社会浮浮沉沉尝尽世态炎凉，如果自己中年失意其实是不太想让老同学知道的。这种约个几次，都以没 时间或者生病推脱，渐渐的也就不约了。 我之前和你们说过，我大学的哥们要么富二代，要么自己奋斗事业有成，都过得挺好的。高中同学留在 本地的都在体制内发展，好差也是中产保底，彼此相处的时候没有隔阂。 ...