The Zhitong Finance App learned that Goldman Sachs released a research report saying that maintaining the Hisense Home Appliance (00921) “buy” rating, considering more positive growth and profit prospects, especially the traditional white goods business with clear strategic support, the company's earnings per share from 2024 to 2026 will be raised by 0% to 3%, and the target price will be raised from HK$31 to HK$35.

According to the report, the company's management has drawn up a clear strategic roadmap for the future development of each business unit. The bank believes that the strategy is right to the point, and success depends on strong execution. With strengthened products, expansion channels and a clearer brand positioning, management is confident that the market share of the mainland market can be further increased. The report also indicated that the company divided all of its businesses into 4 major categories, namely, which have competitive advantages, catch-up potential, are still in the early stages of internal development, and Sandian Holdings.