Strong 1H21 results, upbeat growth outlook for 2021F■ Putailai 's total revenue in 1H21 rose 107.8% yoy, and net profit grew 293.9% yoy, which was slightly above market expectations.■ Revenue growth was driven mainly by strong battery demand from fast-growing EV sales in the China market in 1H21. We believe this momentum should continue from […]

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