Jefferies Financial released a report on August 29, stating that sinotruk's performance in the first half of the year was in line with the preliminary performance forecast, with operating income and net income increasing by 18% and 38% respectively year-on-year, reaching 48.8 billion yuan and 3.3 billion yuan. The company announced for the first time the distribution of a mid-term dividend of HK$0.72 per share, with a payout ratio of 55% and a yield of 7%. The bank pointed out that sinotruk's electric vehicle strategy and overseas expansion solidified its position, reiterating a "buy" rating and making it the bank's preferred stock for heavy-duty trucks. Due to the bank's belief that sinotruk's aggressive electric vehicle strategy is ready and will be effective, the target price has been raised from HK$25 to HK$27.2.