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Every AI Express, Tianfeng Securities released a research report on May 6, giving a buy rating to Chunfeng Power (603129.SH). The rating reasons mainly include: 1) In the whole year of 2024, achieving a revenue of 15.038 billion yuan, a year-on-year increase of 24.18%; achieving a net profit attributable to the parent of 1.472 billion yuan, a year-on-year increase of 46.08%; achieving a non-net profit attributable to the parent of 1.442 billion yuan, a year-on-year increase of 48.53%; 2) In the first quarter of 2025, achieving a revenue of 4.25 billion yuan, a year-on-year increase of 38.86% and a quarter-on-quarter increase of 18.46%; achieving a net profit attributable to the parent of 415 million yuan, a year-on-year increase of 49.6% and a quarter-on-quarter increase of 6.33%; 3) All-terrain vehicle business: the new product U10pro once again becomes the focus, the Mexico and Thailand bases are expected to offset the impact of tariffs; 4) Motorcycle business: resonating overseas and domestically, moving towards the top international motorcycle brand; 5) Extreme core electric vehicle: sales break the one hundred thousand mark, successfully creating the third highest growth pole. (Daily Economic News)