Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

Hualu-Hengsheng (600426.SS)

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rmb)	Price Target (Rmb)	Rating
2021-08-20	32.24	51.00	Buy
2022-03-30	32.39	52.00	Buy
2022-10-28	27.34	47.00	Buy
2023-03-31	35.25	45.00	Buy
2023-08-31	33.10	42.70	Buy
2024-04-01	26.90	39.00	Buy
2024-08-23	22.65	36.00	Buy
2024-10-31	22.92	35.00	Buy

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day.