The Zhitong Finance App learned that Citi released a research report saying that Lingyi Intelligent Manufacturing (01688) is a leading supplier of high-precision functional parts and manufacturing platform solutions. Its comprehensive products and ODM services covering the world help serve a wide range of leading global customers, and benefit from increased demand for electronic equipment. For the first time, it covered a “buy” rating, with a target price of HK$8.

The bank expects the company's revenue and net profit compound annual growth rates to reach 23% and 33% respectively in 2025-2028, benefiting from the increase in the value of iOS products, the contribution of Liminda, the expansion of the robotics business, and the contribution of edge AI devices. Future catalysts include the launch of the iPhone 18 folding machine, Vera Rubin platform certification, and a potential increase in robot orders.

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