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Research Reports to identify opportunities | HAITONG SEC: Assigned a "Better than Market" rating to CRRC Corporation, Target Price of 8.22-9.76 yuan.
HAITONG SEC's Research Reports indicate that CRRC Corporation (601766.SH) is a global leader in rail transit equipment, and the results of State-owned Enterprise Reform have been significant, with a focus on dividends and Market Cap management. The company originated from the merger of "South-North Railway" and is currently the largest and most comprehensive rail transit equipment supplier in the world, with CSI Leading Technology Index. The company has established a "one core, two businesses, first-class" strategic position, with its main business covering Railroads, urban rail and urban infrastructure design, ShenZhen New Industries Biomedical Engineering, and modern services, optimizing the business structure to support improving profitability. Since the merger in 2015, the company's revenue and profit scale have remained stable.
CRRC Corporation (01766.HK) held a Board of Directors meeting on March 28 to consider and approve the annual performance.
On March 11, Gelonghui reported that CRRC Corporation (01766.HK) announced that the Board of Directors will hold a meeting on March 28, 2025 (Friday) to consider and approve (including) the audited annual performance of the company and its subsidiaries for the year ending December 31, 2024, and to propose the payment of the 2024 annual dividend.
CRRC: NOTIFICATION OF BOARD MEETING
Calculating The Intrinsic Value Of CRRC Corporation Limited (SHSE:601766)
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