CICC: Initiates coverage on Sinofert Holdings (00297.HK) H-shares with "Outperform" rating, target price HK$1.6

Zhitong Finance APP has learned that CICC has issued a research report, initiating coverage on Sinofert Holdings (00297.HK) with an "Outperform" rating and a target price of HK$1.6. Sinofert Holdings is a leading domestic distributor and service provider of agricultural input products, one of the main channels for potassium fertilizer imports, advancing its "Bio+" strategic transformation, continuously promoting the expansion of phosphate rock production capacity, and focusing on dividends to enhance shareholder returns.