The Zhitong Finance App learned that the Ningde Era (03750) fell nearly 4%. As of press release, it fell 3.83% to HK$466.6, with a turnover of HK$1,038 billion.

According to the news, recently, the market is worried that factors such as “diversification of supply” of car companies, the resumption of consumption tax collection, and declining export tax rebates will affect the sustainability of performance growth in the Ningde era. In response, the Huatai Securities Research Report said that through an analysis of the historical review and profit structure, it is believed that the above factors have all been overpriced; the faster growth in demand for overseas electric vehicles and energy storage, and the bank's belief that the market is underestimating demand for commercial vehicles and domestic energy storage next year, the sustainability and visibility of Ningde's performance growth may be significantly underestimated.

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