CICC International: Bullish on Wesai-W(02525.HK) Leading Profitability in the Industry, Maintains "Buy" Rating.

According to the Wise Finance APP, CICC International has released a research report stating that it is optimistic about Weihai-W (02525.HK) continuing to lead the industry in profitability, maintaining a target price of 269.66 Hong Kong dollars and a "buy" rating. At the industry level, it is recommended to focus on the progress of L3 level autonomous driving regulations, which is expected to accelerate the penetration of lidar and increase the per-vehicle load, becoming a catalyst for autonomous driving components (including lidar) in vehicles by 2026.