On June 7th, GeLongHui reported that Binhai Investment (2886.HK) rose more than 3%, to 1.34 Hong Kong dollars. According to a research report released by Guonong Securities, Binhai Investment's performance in 2023 is in line with expectations, and the company remains bullish on Binhai Investment, giving it a "shareholding" investment rating with a target price of 2 Hong Kong dollars. As of the end of May 2024, the company has signed four large-scale commercial and industrial gas supply projects. The company has signed on new major customers, such as Yuhai Phase II, Northern Glass, and Xintian Steel Cold Rolling Plate Industry in Jiangsu Province. The continuing optimization of the customer structure is giving the company the opportunity for rapid growth in gas sales. The management team of the company maintains the goal of double-digit growth in gas sales for 2024. The research report indicates that the group will further integrate value-added business sectors at scale, implement independent and professional business operations, further compress costs, and plan to develop 2B business, with the entire business expected to maintain high-speed growth in the next three years, and revenue, gross profit, and gross margin or expected to improve further.
港股异动｜滨海投资涨超3% 国农证券予其“增持”评级 预期业务未来三年维持高速增长
Hong Kong Stock Market News | Binhai Inv rose more than 3%, National Agricultural Securities gave it a "shareholding" rating, expecting high-speed growth in business in the next three years.
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