Lates News

According to Every Economy AI Express, Dongwu Securities released a research report on April 30 giving a buy rating to Rongbai Technology (688005.SH). The rating reasons mainly include: 1) Performance slightly lower than expected; 2) Q1 shipments slightly down year-on-year, while overseas shipments continue to increase; 3) Decrease in new business investment and capacity utilization leading to profit pressure; 4) Good cost control, operating cash flow under pressure. (Daily Economic News)