Goldman Sachs maintained Leix's target (02222-HK) buying investment rating and raised the target price of $3.6 by 25% to HK$4.5. Goldman Sachs said that profit increased significantly in half a year. Goldman Sachs Securities published a report stating that with its unique operating strategy (that is, having an exclusive distribution network, concentrating on developing energy-saving products and its own brands), it is believed that profit growth in the second half of this year and 2011 will continue to be strong. In addition, brand development has brought more government and corporate orders to the company. As major competitors focus on OEM and original design and manufacturing (ODM) orders, Raytime Lighting already sells more than 60% of its own brand products, and Goldman Sachs also expects that government and corporate orders will continue to grow in the future. (mh). Leix Lighting dropped 0.83% yesterday to close at HK$3.57.