[Huachuang Home Appliances] CFMOTO: Stock Price Hits New High, Firmly Targeting 600B+ Market Cap

English summary

@20260728 The company's stock price touched 300 CNY/share intraday today, corresponding to a market cap of 45.9 billion CNY. The stock price has reached a historical high since September 18, 2025. We have been strongly recommending it this year, and at the current position, we firmly see 3.2 billion CNY profit in 2027 and 20x valuation, corresponding to a 64 billion CNY market cap. Reviewing, the 26Q1 report verified that the company's U.S. market profitability can cross tariff cycle disturbances. The hero product U10P faced supply constraints in 2025 due to capacity transfer, and in 2026 after Mexico capacity ramps up, both volume and price will rise, driving the four-wheeler business to explosive growth. The company's four-wheeler shipments in April/May/June were +43%/+70%/+69% YoY. In May, the boom accelerated month-over-month, yet the stock price fell 17%, showing a clear divergence between fundamentals and valuation, mainly due to capital outflow to the tech sector. Since June, the company's monthly fundamentals have continued to strengthen and accelerate, coupled with Q2 earnings certainty and market funds trading Q2 earnings in advance, valuation has continued to repair.…