Sinotrans Securities: First give a "buy" rating to Shenzhou Holdings (00861.HK) Focusing on the "Data+AI" scene-based landing.

According to the Wisdom Money APP, Zhongtai Securities issued a research report stating that it has initiated coverage on Shenzhou Holdings (00861.HK) for the first time, giving it a "buy" rating. The predicted revenue for the company for 2025-2027 is 18.644/20.806/23.326 billion yuan, with net profit attributable to shareholders being 226/424/564 million yuan respectively. The bank is optimistic about the company's current revenue growth and profitability improvement trends, with the "AI+big data" capabilities empowering the supply chain and other scenarios already showing good implementation and practical application effects. The future expansion of overseas business also has the potential for rapid scale replication and implementation, with valuation levels having room for upward premium.