Northeast Securities: Upgraded HuTongDa Network (09878.HK) to "Buy" rating AI empowers to forge service "iron army"

Wisdom Financial APP learned that Northeast Securities released a research report stating that Huitongda Network (09878.HK) has optimized its business and empowered AI, with abundant cash in hand, acquiring high-quality assets to open up the path of industrial capital operation. The company's future revenue may recover growth, and its profitability may rapidly improve. The bank predicts revenues of 51.608/54.120/57.776 billion yuan for 2025-2027, and net profits attributable to shareholders of 0.369/0.495/0.650 billion yuan, corresponding to PE multiples of 20.29/15.13/11.52X, and the rating has been upgraded to "buy". Currently transformed into an AI-driven comprehensive service provider, with the help of Alibaba + government resources, it is expected to tap into the second growth curve.