Automobile & Air (ZhangJing)

This month I released 4 reports including 3 updated reports and 1 NDRR takeaways: Inovance Technology (300124. CH)，Cathay (293. HK)，Joyson (600699. CH) and Huazhong In-vehicle.

Healthcare & Consuming (Eurus Zhou)

This month I released 4 equity reports, including Yunnan Baiyao (000538SZ), CSPC (1093HK), Anta (2020HK) and Jumpcan (600566SH). We tend to highly recommend CSPC (1093HK) and Jumpcan (600566SH).

TMT & Education (Terry Li)

I released two reports including China Maple Leaf Education (1317.HK) and Wisdom Education (6068.HK).