According to Citi, the Ningde era is gradually transforming into a leader in new energy technology while providing new energy technology solutions. For the first time, it covered Ningde Era H shares and gave a target price of HK$425. At the same time, the target price for A-shares was raised by 8% to RMB 391. Analyst Jack Shang and others pointed out in the report that despite intense competition, the company leads global peers in R&D and frequently releases innovative battery technology, which helps it protect prices and profit premiums.

According to Citi, the Ningde Era is gradually transforming into a leader in new energy technology while providing new energy technology solutions. For the first time, it covered Ningde Era H shares and gave a target price of HK$425. At the same time, the target price for A-shares was raised by 8% to RMB 391. Analyst Jack Shang and others pointed out in the report that despite intense competition, the company leads global peers in R&D and frequently releases innovative battery technology, which helps it protect prices and profit premiums.