Lates News

According to a news flash from Bloomberg AI, Tianfeng Securities released a research report on April 29th giving a buy rating to Weixing Materials (002372.SZ). The rating reasons mainly include: 1) Q1 revenue and profit slightly under pressure, still optimistic about the company's medium and long-term development potential; 2) Q1 gross margin under pressure compared to the same period last year, fierce industry competition; 3) Expense rate increase dragging down profits, excellent cash flow performance. (Daily Economic News)