Chinese automotive-electronics supplier Foryou is likely to report solid fourth-quarter results, driven by rushed orders from customers, according to Nomura analysts.

• 3Q Performance: Revenue rose 31% year-on-year, attributed to seasonal auto sales and the ongoing development of smart vehicles.
• Industry Outlook: The trend toward intelligent vehicles is expected to boost market demand for automotive electronics, benefiting active players like Foryou in the coming years.
• Analyst Rating: Nomura maintains a buy rating with a target price of CNY42.00.
• Current Stock Price: Last up 2.6% at CNY31.38.

Nomura sees Foryou well-positioned to capitalize on the growing demand for smart automotive technologies.