Macquarie Starts Eacon Group at Outperform With HK$98.50 Price Target

MT NewswiresAug 17 18:09 · Ratings

Macquarie: Initiates coverage of Yikong Intelligent Driving (07687) with a target price of HK$98.50; ATaaS business becomes the company's primary revenue source

Key subsequent catalysts include: 1) continued increase in the penetration rate of autonomous mining trucks; 2) further expansion into non-coal mining scenarios; 3) sustained expansion in overseas markets.

Zhitong FinanceAug 17 15:10 · Ratings

Yikong Zhijia (7687.HK): Leader in Autonomous Mining Trucks, Pivoting to an Asset-Light Model to Capture Opportunities in Domestic and International Mining Sectors

Yikong Zhijia: A leader in autonomous mining trucks, with continued progress in its transition to an asset-light ATaaS model and significant upside potential for profitability improvement. In recent years, the company has achieved unmanned, automated, and intelligent mine transportation through its asset-light transformation, leveraging its full-stack self-developed core technologies.

China Post SecuritiesAug 13 18:16

EACON: DATE OF BOARD MEETING

HKEXAug 12 19:09 · Announcements

HK Market Movers | Yikong Zhijia (07687.HK) Rises Over 4% as It Partners with Longking Lianhui to Accelerate R&D and Deployment of Intelligent Solutions for New Energy Mining Trucks

Yikong Zhijia (07687) rose more than 4%. As of the time of writing, it was up 3.98% at HK$79.65, with a trading volume of HK$1.7763 million.

Zhitong FinanceAug 11 14:53

Dual-engine drive of electrification and intelligent technology! Yikong Zhijia (07687) signs strategic cooperation agreement with Longjing Lianhui

The unveiling ceremony of the Zijin Longjing ZL230E all-electric mining truck and the Xinluo District–Zijin Longjing Mining + Intelligent Manufacturing Industry Investment Promotion Conference were held in Longyan. Yikong Zhijia and Fujian Longjing Lianhui Technology Co., Ltd. officially signed a strategic cooperation agreement.

Zhitong FinanceAug 10 20:22