汇川技术 - 2025 年业绩基本符合预期（不含投资收益 ）；二季度指引向好；维持买入评级

26 August 2025 | 10:21PM HKT Shenzhen Inovance Technology Co. (300124.SZ) 2Q25 largely in line excl. investment income; guiding better 2H; Maintain Buy | 300124.SZ | | --- | | 12m Price Target: Rmb75.50 | | Price: Rmb71.20 Upside: 6.0% | Post market close on Aug 25, Inovance announced 2Q25 results largely in line with GSe excluding investment income of Rmb238mn. 2Q25 revenue/gross profit/EBIT/net profit came in at Rmb11,531mn/3,418mn/1,286mn/1,646mn, +19%/+18%/+5%/+26% yoy, +3%/+7%/+5%/+22% vs. GSe in 2Q25. ...