On November 21, Guolonghui reported that China International Capital Corporation pointed out that Guangdong Haid Group (002311.SZ), as a leading fodder company in the entire industry chain, has increased its domestic share of high-quality products, accelerated overseas deployment, and maintained profitable farming business, with the potential for continued excessive growth. With the expected continuous release of domestic consumer vitality, it is estimated that the aquatic product prices may have a support in 2025, with limited pressure on fodder costs, improved profit margins for farming households, and the expectation of marginal enhancement in seedling planting, the company's aquatic feed is expected to achieve more sales growth and profit release space. The industry-beating rating and target price of 62 yuan remain unchanged.
研报掘金丨中金:海大集团养殖业务稳健盈利,维持“跑赢行业”评级
Research reports: CICC: guangdong haid group's farming business maintains steady profitability, maintaining an 'outperform industry' rating.
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