China Post Securities: Initiates coverage on WUXI XDC with a "Buy" rating
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China Post Securities has initiated coverage on WUXI XDC, giving it a "Buy" rating. It is expected that the company's revenue will reach RMB 5.75 billion, RMB 7.83 billion, and RMB 10.17 billion respectively from 2025 to 2027, with annual growth rates of 42%, 36%, and 30%. In the first half of 2025, the company's revenue was RMB 2.7 billion, a year-on-year increase of 62.2%, and net profit was RMB 750 million, a year-on-year increase of 52.7%. The total value of uncompleted orders was USD 1.33 billion, a year-on-year increase of 57.9%
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