今世缘 Jiangsu King's Luck (603369 CH) 研究报告 Research Report 31 Oct 2025 今世缘 2025 年三季报点评：市场份额稳固，报表延续出清 Market share remains solid, with continued clearance of financial statements [Table_yemei1] 观点聚焦 Investment Focus [Table_Info] 维持优于大市 Maintain OUTPERFORM 评级 优于大市 OUTPERFORM 现价 Rmb38.82 目标价 Rmb51.00 HTI ESG 3.8-4.0-4.5 E-S-G: 0-5, (Please refer to the Appendix for ESG comments) 义利评级 BB+ 来源 : 盟浪 . Reproduced by permission; no further distribution 市值 Rmb48.40bn / US$6.83bn 日交易额 (3 个月均值) US$57.44mn 发行股票数目 1,247mn ...