Orient Securities has reiterated its "Buy" rating on CG SERVICES (06098) with a target price of HK$6.83. The company is actively expanding its community value-added services, collaborating with Keda Nengtong to enter the new energy vehicle charging business and accelerating the rollout of its self-developed cleaning robots. These initiatives aim to leverage its extensive community network and user base to cultivate new growth drivers while enhancing cost efficiency through technological innovation. Key highlights from Orient Securities' analysis include:

1. **New Energy Service Expansion**: Partnering with Keda Nengtong, CG SERVICES is extending its charging infrastructure to new energy vehicles, integrating charging piles and energy storage technology into its community ecosystem. This move is expected to drive significant growth in the new energy sector.

2. **Community Charging Business Growth**: As of mid-2025, the company operates approximately 600,000 charging sockets across over 5,000 communities nationwide, serving more than 5.5 million registered users and 100 million charging sessions monthly, with 2 million active users.

3. **Cleaning Robot Deployment**: The self-developed "Resident Zero" cleaning robots have been deployed in 17 projects across cities like Guangzhou, Beijing, and Shanghai, with over 130 units in operation. The company plans to expand this to 1,000 units by year-end, targeting standardized, large-scale applications to improve efficiency and reduce costs.

4. **R&D Focus**: CG SERVICES is increasing investments in robotics to enhance capabilities in complex scenarios, positioning itself for competitive advantages in efficiency, service quality, and cost control.

**Risks**: Potential risks include delivery delays from affiliates, unexpected declines in gross margins, and slower-than-expected growth in new value-added services.