Haitong Securities research report points out that Luxshare Precision Industry (002475.SZ) saw continuous growth in net profit attributable to shareholders in the third quarter, with a stable performance forecast for 2024. The company continues to follow the strategic guidance of "three five-year plans", strengthening the development of existing businesses and forward-looking layouts in new areas, technologies, and products. Leveraging the advantages of precision intelligent manufacturing and independent research and development in process technology, the company integrates resources in consumer electronics, communications, autos, and other fields, creating a complete industrial vertical integration loop to drive the company's operations towards stable development as expected. Combining with comparable company valuations, Luxshare Precision Industry is given a 20-25 times PE valuation for 2024, corresponding to a reasonable value range of 37.40-46.75 yuan, with an "outperform the market" rating.