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.

Shenzhen Kedali Industry (002850.SZ)*

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
2022-04-18	130.22	-	No Rating
2023-01-10	134.21	181.00	Buy
2023-02-08	139.01	190.00	Buy
2023-04-17	141.89	195.00	Buy
2023-04-24	128.16	190.00	Buy
2023-10-27	85.59	172.00	Buy
2024-01-16	78.74	115.00	Buy
2024-04-15	92.00	113.00	Buy
2024-05-20	99.75	120.00	Buy
2024-08-16	71.05	110.00	Buy
2024-10-29	98.99	125.00	Buy
2025-02-28	130.88	175.00	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. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.