In-depth analysis and comprehensive research reports on A-share companies, industries, and market trends.
Research
NAURA Technology (002371.SZ): China’s seven‑category front‑end equipment platform. Revenue +25% but R&D caps profit. Gross margin recovery & Core Micro synergy key to 2027E inflection. Base‑case target RMB321.
Research
Can Innolight's 1.6T + silicon photonics scale deliver on 2026–2028 profit expectations? This deep dive unpacks the capital allocation risks behind the H‑share listing, TeraHop, Zhongshi, and incentive schemes — and sets clear falsification triggers. Cautiously overweight, no chase.
Research
CATL Deep Dive: Analyzing 2025/1H2026 financials, 40%+ market share, and the FCF tension between expansion/CVC and buybacks.
Research
BYD (002594.SZ / 01211.HK) Deep Dive: Analyzing H1 2026 financials, Blade 2.0 tech, overseas growth, and valuation risks.