Guangda Securities: Maintains a "buy" rating on Hung Teng Precision (06088), with the expectation that AI business revenue contribution will continue to increase.

According to the Wise Finance APP, China Everbright Securities issued a research report stating that it maintains the 25-year net profit forecast for Hongteng Precision (06088) at $171 million. Given that the company has made substantial progress in the high-speed interconnection field and has been fully recognized by customers, it is expected to drive accelerated growth in the data center business. The company has raised the 26/27 year net profit forecast by 23%/29% to $297 million and $400 million, respectively. The company's market value on November 11 corresponds to PE ratios of 29x/17x/12x for the years 2025-2027. The bank believes that the company is expected to continue to benefit from the growth of AI data centers and automotive cable demand, and maintains a "buy" rating.