Lates News

According to AISHORT news, China Post Securities issued a research report on March 19 giving a "buy" rating to Wanchen Group (300972.SZ). The rating reasons mainly include: 1) The net profit margin of the Q4 volume business has increased to 5.72%, significantly exceeding expectations, but there is some pressure on same-store sales due to the postponement after the Spring Festival; 2) The net profit margin continues to increase quarter-on-quarter to 5.6%, validating the profitability. (Daily Economic News)