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<Research> CMBI Slightly Raises TP for INNOVENT BIO (01801.HK) to HKD113.86, Accelerating Global Biopharmaceutical Transformation
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CMBI published a research report indicating that INNOVENT BIO (01801.HK) showed strong performance in the fiscal year 2025, recording its first full-year net profit of RMB834 million. During the period, total revenue reached RMB13 billion, representing a year-on-year increase of 38%; product sales amounted to RMB11.9 billion, a year-on-year increase of 45%. Given INNOVENT BIO's strong product line innovation capabilities and global development potential, accelerating its transformation into a global biopharmaceutical company, CMBI maintains a "Buy" rating on INNOVENT BIO, with the target price slightly raised from HKD110.62 to HKD113.86. (hc/da)

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