Lates News

Every YiAI flash, SDIC Securities issued a report on April 12th, giving a "buy" rating to Xinao Shares (603889.SH). The main reasons for the rating include: 1) the steady and solid profit improvement of the woolen spinning business, and the high growth of the cashmere business driving the improvement in gross profit margin; 2) the steady promotion of global production capacity layout, and the enhancement of supply chain resilience; 3) significant increase in net profit margin, and the effectiveness of cost control is evident. (Daily Economic News)