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Soochow Securities released a research report and first covered Inspur Digi Ent (00596) with a "buy" rating, expecting revenue of 10.1/12/14 billion yuan and net income of 0.39/0.53/0.75 billion yuan in 2024/2025/2026, with a target price of 7.7 Hong Kong dollars. The bank is bullish on the company's market space and business advantages as a leading state-owned background ERP vendor. Soochow Securities' main points are as follows: state-owned background ERP vendors have unique advantages in domestication to replace Inspur. Inspur Digi Ent is one of the leading domestic ERP vendors, serving industries such as construction, food, pharmaceuticals, and chemicals.
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