The Zhitong Finance App learned that Yao Ming United (02268) surged by more than 5% in the afternoon. As of press release, it had risen 5.01% to HK$17.6 million, with a turnover of HK$2016.67 million.
Guoxin Securities pointed out that as the ADC CRDMO leader with a global layout, Pharmaceutical Federation has established a fully integrated one-stop CRDMO platform, covering the entire ADC CRDMO service process, leading the world in comprehensive capabilities. As the company's global production capacity continues to expand and pre-IND projects continue to advance to the post-IND stage, we believe that the company's business will maintain rapid growth over the next 3 years.
Tianfeng Securities, on the other hand, said that the company made further breakthroughs in its business after listing, compounding the high boom in the global ADC industry. As of December 31, 2023, the total number of uncompleted orders of the company was 579 million US dollars, an increase of 81.9% over the previous year. I am optimistic that the company is in a phase of rapid growth.