20150612-广发证券(香港)-好孩子国际（1086）：Two+pieces+of+positive+news+about+China’s+child+safety+car+seat+market

Maintain Buy We have an optimistic mid-term outlook on the company given four potential re-rating catalysts：1）the potential enforcement of the mandatory use of safety car seats in China in FY16，which might drive an extra 82% increment on top of our FY16 net profit estimate；2）1H15 results that are satisfactory to the market，including a core profit margin expansion；3）further easing in China’s one-child policy；and 4）