According to Zhito Finance APP, Goldman Sachs released a research report stating that it has lowered the earnings forecast for u-presid china (00220) for 2024 to 2026 by 8 to 10%, and the target price has been reduced from HKD 8.04 to HKD 7.5, downgrading the investment rating from 'buy' to 'neutral' to reflect potential commodity cost pressures the company may face in the future and the uncertain prospects for food sales growth next year. The company’s third-quarter earnings grew by 13% year-on-year to RMB 0.669 billion, which fell short of the over 30% increase expected by the bank. Although the gross margin expanded by more than 2 percentage points, it was offset by higher selling expenses.