--- title: "Dongfang Securities: Maintains \"Buy\" rating on JIULI Hi-tech, high dividends expected in the future" type: "News" locale: "en" url: "https://longbridge.com/en/news/244640337.md" description: "Dongfang Securities maintains a \"Buy\" rating on JIULI Hi-tech, believing that the company possesses high-quality and high-speed growth potential along with excellent expectation management, resulting in outstanding stock performance. The company has advantages in the global acidic and deep-sea oil and gas sectors, with continuous growth in overseas business, which can offset fluctuations in oil and gas capital expenditures. In the future, the company may grow into a nickel-based materials platform, with expected earnings per share of 1.75, 1.93, and 2.14 yuan for 2025-2027, and a target price of 32.36 yuan, with high dividends expected in the future" datetime: "2025-06-16T06:44:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244640337.md) - [en](https://longbridge.com/en/news/244640337.md) - [zh-HK](https://longbridge.com/zh-HK/news/244640337.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/244640337.md) | [繁體中文](https://longbridge.com/zh-HK/news/244640337.md) # Dongfang Securities: Maintains "Buy" rating on JIULI Hi-tech, high dividends expected in the future Dongfang Securities research report points out that JIULI Hi-tech's high quality and high-speed growth, along with excellent expectation management, have led to a significant excess in stock price. The global trend towards acidic and deep-sea oil and gas is undeniable, and the company has its own alpha relative to the oil and gas cycle. The company's overseas business continues to gain momentum, and a high level of internationalization is expected to partially offset the fluctuations in oil and gas capital expenditure cycles. Oil and gas are just the foundation; the company may grow into a nickel-based materials platform, and there may be more surprises in the aviation and nuclear power sectors in the future. The company has ample free cash flow and cash reserves, and it is continuously increasing its efforts to return to the capital market through dividends and buybacks, with high dividends expected in the future. The forecast for the company's earnings per share for 2025-2027 is 1.75, 1.93, and 2.14 yuan. Using the DCF method for valuation, the target price is 32.36 yuan, maintaining a "buy" rating ### Related Stocks - [JIULI Hi-tech (002318.CN)](https://longbridge.com/en/quote/002318.CN.md) - [DFZQ (03958.HK)](https://longbridge.com/en/quote/03958.HK.md)