Lates News

According to the AI flash news, China Merchants Securities issued a research report on May 15th, giving Hongfa Stock (600885.SH) a recommendation to buy more. The main reasons for the recommendation include: 1) the company's 2024 annual report and 2025 first quarter report showed a year-on-year growth of 17.09% and 15.47% respectively. The company's main relay business saw good overall growth, and the electrical product business is steadily developing; 2) the market share of relay products remains at the top, and the development of electrical products is stable; 3) overseas manufacturing continues to advance. (Daily Economic News)