According to the Oriental Securities Research Report, the structure of Runfeng shares continues to be optimized, and the increase in gross margin has driven a sharp increase in operating profit. The company's gross margin for the second quarter of 2026 increased significantly from 22.92% last year to 24.67%, and the underlying structural optimization contributed significantly. The firm implementation and continuous implementation of several strategic pillars of the company has brought about continuous improvement in the quality of operations. I am optimistic about new opportunities for local companies, represented by companies, to go overseas under the strategic adjustments of multinational giants. Local enterprises represented by the company have begun to enter the deep-sea zone in the brand and operation process, gradually iterate to high gross margin models, products, and regional structures in the commercialization process, and enter the high added value segment on the right side of the smile curve. Due to changes in share capital, it is predicted that the company's EPS for 26-28 will be 3.83, 4.71, and 5.86 yuan, respectively, giving a comparable company 18 times PE in 26 years, corresponding to a target price of 68.94 yuan, maintaining a “buy” rating.

According to the Oriental Securities Research Report, the structure of Runfeng shares continues to be optimized, and the increase in gross margin has driven a sharp increase in operating profit. The company's gross margin for the second quarter of 2026 increased significantly from 22.92% last year to 24.67%, and the underlying structural optimization contributed significantly. The firm implementation and continuous implementation of several strategic pillars of the company has brought about continuous improvement in the quality of operations. I am optimistic about new opportunities for local companies, represented by companies, to go overseas under the strategic adjustments of multinational giants. Local enterprises represented by the company have begun to enter the deep-sea zone in the brand and operation process, gradually iterate to high gross margin models, products, and regional structures in the commercialization process, and enter the high added value segment on the right side of the smile curve. Due to changes in share capital, it is predicted that the company's EPS for 26-28 will be 3.83, 4.71, and 5.86 yuan, respectively, giving a comparable company 18 times PE in 26 years, corresponding to a target price of 68.94 yuan, maintaining a “buy” rating.