Gelonghui, April 15 | CICC's research report indicates that Yilian Network (300628.SZ)'s 1Q24 performance forecast exceeded expectations, sending a signal that downstream demand is bottoming out, raising the company's target price by 7% to 38 yuan, and maintaining its outperforming industry rating. The company achieved net profit of 56-580 million yuan in the first quarter, an increase of 32%-37% over the previous year. The performance exceeded our previous expectations. In March, the company announced the launch of the BH70 Bluetooth headset, which improved noise reduction performance and wearing comfort. Looking ahead to 2024, we believe that positive feedback from channels can be transformed into positive feedback from end customers, driving the pace of headset promotion on the right track. Furthermore, it is expected that in 2024, the company is expected to increase its development efforts in the cloud office terminal business, and the speed of product promotion is expected to accelerate, driving rapid growth in the scale of business revenue.
研报掘金丨中金：亿联网络Q1业绩预告超预期，维持“跑赢行业”评级
Research Report Nuggets丨CICC: Yilian Network's Q1 performance forecast exceeds expectations and maintains “outperforming the industry” rating
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