Sinolink International (01798.HK): Maintains "Buy" rating on Datang New Energy (01798.HK), focusing on the potential improvement in financial statements brought by government subsidies.

According to the WiseTrend Finance APP, CICC International has released a research report stating that it maintains a "buy" rating on Datang New Energy (01798.HK). The company is currently trading at a discount, and policy support is expected to drive the company's valuation recovery as the profit center of the green energy industry returns. With multiple positive factors, the bank predicts the company's net profit attributable to shareholders to be 2.429 billion yuan, 2.546 billion yuan, and 2.661 billion yuan in 2025-2027, a year-on-year increase of +2.2%, +4.8%, and +4.5%, respectively. Corresponding to the closing price of September 12, 2025, the PE valuation for 2025 is 7.1x, for 2026 is 6.8x, and for 2027 is 6.5x.