Jefferies Financial released a report on August 14th, stating that after the WH Group's first-half performance was announced, it raised the net income forecast for 2024 to 2026 by 24.8%, 6.8%, and 4.3%, respectively, to reflect changes in sales growth. The main changes come from sales expenses and other fees being lower than expected. The bank maintains its 'buy' rating and raises the target price by 8.5% to HKD 6.74. The report pointed out that looking ahead to the second half of the pig business, WH management pointed out that due to seasonal factors, the second half of each year is usually a peak season, and sales of low-cost frozen inventory are expected to increase sales volume and profit. In addition, the company maintains a dividend payout ratio of no less than 30%. With the improvement of operation and funding conditions, it may consider increasing shareholder returns.