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Goldman Sachs released a research report stating that the prospects for the development of China's industrial technology sector may differentiate under the impact of US tariffs. Since the implementation of retaliatory tariff policies in the United States earlier this month, the stock price of Chuangke Industries, which has a significant exposure to US businesses, has fallen by 17%. Due to factors such as increased sales costs in the United States and rising product prices weakening the purchasing power of US customers, Goldman Sachs has lowered its earnings per share forecast for Chuangke by 16% to 26% for the years 2025 to 2030. However, the bank pointed out that Chuangke Industries has demonstrated resilience during previous tariff disputes and had already relocated its production lines to Vietnam in 2019, resulting in a 0.5 percentage point increase in gross profit margin that year. The company's balance sheet also showed stability. Considering that the cost increase from the new tariff policy is manageable, it is predicted that Chuangke's US sales costs will rise by 11%, with 90% of these costs being passed on to customers. Goldman Sachs maintains a "buy" rating for Chuangke with a target price of HK$92.30, overall, the risk-return profile is slightly positive.