Guotai Junan Securities: Maintains Longking Environmental Technology Co. "Buy" rating, target price of 15.15 yuan.

Guotai HaiTong Securities research report pointed out that Longjit environmental protection's acquisition of Energy Intelligent Operation and Maintenance Leader will seize the vast market of unmanned and intelligent energy operation and maintenance. This acquisition will help Longjit Mines advance its intelligent business. 1) Longjit has the opportunity to collaborate with Jitai to promote the deep integration of AI technology and environmental protection equipment, achieve product intelligent upgrading and restructuring. 2) Longjit is relying on the Purple Gold platform to create smart mining application scenarios, and the acquisition will help the company develop mining intelligent equipment. The company's green electricity project is gradually put into production, and the transformation of new energy is actively promoted. As the new energy platform of Purple Gold Mining, the energy storage, green electricity, and mining card business are rapidly developing, driving high performance growth. The company is given a 2025 PE ratio of 15 times and a target price of 15.15 yuan, maintaining a "hold" rating.