Zhaowei Machinery & Electronics Shares Rise Nearly 5% in Afternoon Session Following "Buy" Rating from Guojin Securities

Deep News06-08

Shares of Shenzhen Zhaowei Machinery & Electronics Co.,Ltd. (Stock Code: 02692) surged over 6% during the trading session. As of the latest update, the stock is up 4.59%, trading at HKD 70.70, with a turnover of HKD 143 million.

On April 1, 2026, analyst Chen Chuanhong from Guojin Securities published a research report titled "Performance Meets Expectations, Robotics Opens New Growth Engine" on Zhaowei. The report assigned a "Buy" rating to the company. The report forecasts the company's operating revenue for 2026, 2027, and 2028 to reach RMB 2.46 billion, RMB 3.37 billion, and RMB 4.49 billion, respectively, representing year-over-year increases of 43%, 37%, and 33%. Net profit attributable to shareholders is projected to be RMB 365 million, RMB 508 million, and RMB 719 million for the same periods, with year-over-year growth of 44%, 39%, and 42%. The analysis suggests the company's core business remains solid, and its technological accumulation and customer development in robotics products are leading, positioning it to benefit significantly from industry expansion. Consequently, the "Buy" rating is maintained.

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