The Zhitong Finance App learned that Citi recently communicated with Zhou Xiaodong, secretary of the board of directors of Dazu CNC (03200.HK). Although ultra-fast laser drilling equipment contributed less to revenue than expected in the first half of 2026, the company management is quite confident that demand can be released in the second half of 2027. It is estimated that the total demand for the industry will reach 1,000 units next year. Citi maintains a “buy” rating for H-shares of Dazu CNC and a target price of HK$189, but is more optimistic about its parent company, Dazu Laser (002008.SZ).
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that Citi recently communicated with Zhou Xiaodong, secretary of the board of directors of Dazu CNC (03200.HK). Although ultra-fast laser drilling equipment contributed less to revenue than expected in the first half of 2026, the company management is quite confident that demand can be released in the second half of 2027. It is estimated that the total demand for the industry will reach 1,000 units next year. Citi maintains a “buy” rating for H-shares of Dazu CNC and a target price of HK$189, but is more optimistic about its parent company, Dazu Laser (002008.SZ).
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