BoCom International maintains a 00515-HK buy investment rating and a target price of HK $5.38, taking into account the development prospects and growth potential of the industry.
BoCom said that Dagin Jingdian announced that it had signed a photovoltaic energy project contract with the people's Government of Hechuan District of Chongqing. The total value of the project is 300 million yuan, and the third phase of investment construction is expected to be completed within two years. Daijin Jingdian won a large-scale project contract in first-tier cities, which is an affirmation of the company's ability by the government, which is evident in its technical ability and market position.
Dachin Jingdian rose 1.67 per cent yesterday to HK $3.04.