The Zhitong Finance App learned that recently, Goldman Sachs, an internationally renowned investment bank, released a research report stating that based on Shangtang Technology (00020.HK)'s technical advantages, product innovation, and broad market prospects in the field of generative AI, Goldman Sachs maintained a “buy” rating for Shangtang Technology. The target price for 12 months is HK$3.53. Meanwhile, Goldman Sachs predicts that the revenue contribution rate of Shangtang Technology's generative AI will reach 91% in 2030, and is expected to achieve a positive EBITDA (profit before interest, tax, depreciation and amortization) in 2026, amounting to 205 million yuan.

The Zhitong Finance App learned that recently, Goldman Sachs, an internationally renowned investment bank, released a research report stating that based on Shangtang Technology (00020.HK)'s technical advantages, product innovation, and broad market prospects in the field of generative AI, Goldman Sachs maintained a “buy” rating for Shangtang Technology. The target price for 12 months is HK$3.53. Meanwhile, Goldman Sachs predicts that the revenue contribution rate of Shangtang Technology's generative AI will reach 91% in 2030, and is expected to achieve a positive EBITDA (profit before interest, tax, depreciation and amortization) in 2026, amounting to 205 million yuan.