【招银国际】 Expect strong growth to continue after the impressive 1H23; U／G to BUY.pdf

–3Q23 earnings surged 120-200% YoY; Strong gas trucks sales continue to be key driver

Strong demand to drive growth acceleration in 2025

Promoting Strong International Collaboration in Quantum Technology Research and Development

NDR takeaways: Growth to accelerate in 2022E on strong backlog

1Q24 beat on strong margins; Positive on upbeat SU7 delivery target

grocer-150_2009_only-the-strong-thrive

Reaccelerate on strong pipeline in FY23E

Moving into 3Q23E strong pipeline

Strong 2Q guidance points to a robust 1H23

Strong domestic sales of earth-moving machinery in Mar