The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it maintains the “gain” rating of the unified enterprise China (00220). The forecast is relatively conservative. It is expected that sales and profits will increase 7% and 11%, respectively, over the same period last year. This year's dividend rate is 8.3%, that is, the payout ratio is 110%. I am optimistic about uniform attractive dividend rates, etc.

According to the report, the company's sales last year increased 1.2% year on year, 3% lower than market expectations, and adjusted profit increased 15.5% year on year, exceeding market expectations by 9%. The unified target for this year is to increase sales by about 10%, driven by new products (unsweetened tea and prepared dishes) and new channels (tourist attractions/transportation hubs); core net interest rates have increased by 4.9% since then, but no specific figures have been provided.