Citi Research maintained a "Buy" rating on MINTH GROUP-100 due to several positive factors. The firm noted the company's steady progress in robotics, AI liquid cooling, and overseas EV components, which led to a slight increase in revenue and net profit forecasts for 2024 and 2027 by 1-2%. Additionally, strong NEV sales in Europe and an upcoming updated national standard for EV batteries, effective from June 2026, are expected to benefit quality manufacturers like MINTH GROUP-100. This combination of factors enhances Citi Research's confidence in the company's revenue growth. Furthermore, MINTH GROUP-100 is trading at a projected 2026 PE ratio of 13x, which is significantly lower than the approximately 30x for SANHUA, making it an attractive investment opportunity.
