Gelonghui, March 8 丨 According to Daiwa Development Research Report, the performance target of Yadi Holdings (1585.HK) is to increase revenue and net profit by no less than 20% year-on-year from 2023 to 25. Although the bank believes that the group faced challenges in the dynamic pandemic policy in the fourth quarter of last year and once lost some advantage in the mid-tier market last year, it believes the company can achieve its goals because it has the ability to adjust its product strategy and focus on more growth opportunities at a leading position in the industry. The bank believes this will solidify its leadership position and drive up profit margins. The bank said that thanks to an improved product portfolio, supply chain integration, standardized procurement of key products, and increasing new business contributions with higher profits, it believes the company is expected to achieve its long-term goals of 20% gross margin and 10% net interest rate. The bank adjusted the Group's earnings forecast per share from 2022-24 to -1% to +4%, reiterated the “buy” rating and raised the target price from HK$20 to HK$22.6. The share is currently reported at HK$18.26, with a total market value of HK$55.9 billion.