Soochow Securities: Maintains "Buy" rating on ZJLD (06979.HK), expected to enter a re-growth cycle

Zhito Finance APP has learned that Soochow Securities issued a research report maintaining a "Buy" rating on ZJLD (06979.HK). The channel model innovation has already been verified, and subsequent performance is expected to accelerate its recovery. The previous earnings forecasts are maintained, with non-IFRS net profit attributable to the parent company for 2026-2028 projected at RMB 880 million, RMB 1.06 billion, and RMB 1.20 billion, corresponding to non-IFRS PE of 25.8x, 21.6x, and 18.9x for 2026-2028, taking into account the strong sustainability of the company's growth after emerging from the adjustment period.