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Home > Latest

Pesticide sector short-term rise, Lianhua Technology trading at limit up.

date
31/05/2025
The pesticide sector saw a short-term rise, with Lianhua Technology hitting the limit up, Guangkang Biochemical rising more than 10%, and Zhongnong Joint, Hunan Haili, Guoguang Stock, Jiangshan Stock, Runfeng Stock, and others following the upward trend.
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On May 31, in response to the recent new round of price wars in the automotive industry, the China Association of Automobile Manufacturers issued an initiative on "Maintaining Fair Competition Order and Promoting the Healthy Development of the Industry." On the same day, the 2025 Future Vehicle Pioneer Conference was opened. At this conference, many industry insiders expressed their views on the price war in the automotive industry. "Last year, there were more than 200 car models that were sold at a reduced price throughout the year, and this year, there are more than 60 car models that have reduced prices in the first quarter. Although sales are increasing, profits continue to deteriorate," said Wang Xia, President of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. "Developing technology is like cultivating internal strength, while engaging in price wars is like depleting internal strength." Similar to the above views, He Xiaopeng, Chairman and CEO of Xiaopeng Motors, believes that instead of focusing on price wars, the industry should focus on technology, height, and quality. Li Bin, Founder, Chairman, and CEO of NIO, also expressed that they certainly do not want to "fight" on prices now, and besides technology, they should also focus on "fighting" on services. In addition, He Xianqing, Vice President of GAC Group, and Jin Yuzhi, CEO of Huawei's Intelligent Automotive Solutions BU, also expressed the view that the industry should focus on value rather than on prices. (NBD)
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Oppose "inward spiral" malignant competition. Li Bin, He Xiaopeng, Ge Xianqing and others expressed their opposition to "price wars".
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According to the AI flash report of Meijing, Minsheng Securities released a research report on May 31, giving a recommended rating to Zhongke Jincai (002657.SZ). The reasons for the rating mainly include: 1) Established financial IT company, undergoing comprehensive transformation to AI; 2) Deep cooperation with Alibaba, exclusively releasing integrated AI solutions; 3) Significant revenue recovery, with AI accelerating its implementation in financial scenarios; 4) The financial industry is a high-quality scene for AI implementation. (Daily Economic News)
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