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Cheng Yi - Chengzhou target price of 90 yuan
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Adidas' first-season inventory decreased by more than 20%, and the annual operating surplus forecast was raised from the previous €500 million to around €700 million. Adidas, as the main customer of Shinshu International (2313), has improved operating indicators, is ideal for savings progress, reduces discount pressures, and benefits Shinshu's single-digit growth and productivity utilization rate. Target price is $90. I am a licensor and his or …
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