Kingboard Holdings (0148.HK): Open 30D CW on Expected Robust 1H26E Results; Raise TP to HK$202

Research evidence excerpt

Kingboard Holdings (0148.HK): Open 30D CW on Expected Robust 1H26E Results; Raise TP to HK$202

or its affiliates currently has, or had within the past 12 months, the following as clients, and the

services provided were non-investment-banking, non-securities-related: Delton Tech,Dongshan Precision,Doosan,Kingboard

Holdings,Kingboard Laminates Holdings,NYPCB,Nan Ya Plastics,Panasonic Holdings,Shennan Circuit,Tripod

Technology,Victory Giant Tech,WUS Printed Circuit,Zhen Ding Technology.

Citigroup Global Markets Inc. and/or its affiliates has a significant financial interest in relation to NYPCB,Nan Ya

Plastics,Shennan Circuit. (For an explanation of the determination of significant financial interest, please refer to the policy for

managing conflicts of interest which can be found at www.citiVelocity.com.)

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participate when the analyst has a positive view of the company.

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