Stock Analysis: Info-Tech System | Lianhe Zaobao

Info-Tech recommends a buy with a target price of 1.40 yuan and a closing price of 1.04 yuan (+4.00%). The company benefits from Singapore's policy promoting the digitalization of small and medium-sized enterprises (SMEs), focusing on a localized SaaS platform, targeting the underdeveloped SME SaaS market, which has considerable upside potential and an attractive dividend yield. The business covers Singapore, Malaysia, Hong Kong, and India, relying on long-term experience and technological accumulation, making it difficult for competitors to replicate. Core earnings are expected to grow steadily, but attention should be paid to government subsidies, SME customer sensitivity, and market competition risks