The Zhitong Finance App learned that Lyon released a research report saying that Nongfu Spring (09633)'s performance in the first half of the year showed that all business segments grew faster than their peers, indicating its ability to continue to expand its market share. The bank expects that Nongfu Spring will continue to launch innovative products and new electrolyte aquatic products, which will continue to drive the company's growth, and its net profit margin is expected to expand slightly in the second half of the year. The bank slightly raised the company's target price from HK$59.6 to HK$60, maintaining a “Highly Confident Outperform” rating.

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