Core Viewpoint - 中银国际 reports that FORTIOR (01304) is a leading fabless company in China focused on brushless direct current (BLDC) motor driver chips, with expectations to strengthen its position in consumer electronics and home appliances while expanding market share in emerging sectors like industrial, automotive, and robotics [1] Group 1: Company Overview - FORTIOR specializes in BLDC driver chips and is recognized as a leading fabless company in China [1] - The company is expected to leverage its technological advancements in electromagnetic induction to develop high-precision sensors, particularly rotary transformers/decoders [1] Group 2: Market Position and Growth - The company is anticipated to consolidate its leading position in consumer electronics and home appliances [1] - FORTIOR is projected to continue expanding its market share in emerging fields such as industrial, automotive, and robotics [1] Group 3: Financial Projections - The revenue compound annual growth rate (CAGR) for FORTIOR from 2024 to 2027 is expected to be 42% [1] - The net profit CAGR for the same period is projected to be 40% [1] - The target price set by 中银国际 is 240.5 HKD, corresponding to a 55 times price-to-earnings ratio based on the expected earnings per share in 2026 [1]