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According to a news flash from AI, Dongwu Securities released a research report on April 26, giving Zhongrong Electric (301031.SZ) a "buy" rating with a target price of 195 yuan. The rating reasons mainly include: 1) The scale of Q1 26 hedging against rising raw material prices meets expectations; 2) Incentives for fuses to increase volume, high growth in new energy vehicle business; 3) Focus on energy storage market, significant increase in profitability of 25-year new energy business; 4) Significant decrease in fees, accelerated capacity expansion. (Daily Economic News)
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