Cinda Securities Co.,Ltd. has released a research report indicating that CTIHK (06055), as the exclusive operating entity designated by China Tobacco International for international business expansion and related trade, bears significant responsibility for capital operations. The company is expected to accelerate the acquisition process of high-quality targets, indicating strong long-term growth momentum. The securities firm forecasts net profits attributable to parent company shareholders for 2025-2027 to be HKD 1.02 billion, HKD 1.13 billion, and HKD 1.33 billion, respectively, with corresponding P/E ratios of 31.1x, 27.9x, and 23.7x. Cinda Securities Co.,Ltd.'s main views are as follows: