Huaxin Securities: Maintain a "buy" rating on Shench Suhang Electromechanical, with product certification forming a competitive advantage.
Huaxin Securities research report pointed out that Shenchi Machinery and Electronics, as a generator set enterprise, relying on industrial chain layout, is expected to further expand market share and expand profit space by enhancing product competitiveness in this background. The company has obtained a number of certifications such as UL, ETL, EPA, CARB, CSA, CE, RoHS2.0, GS, EURO-V, PSE, SONCAP, etc., meeting the requirements for access to the high-end markets of Europe and the United States. In addition, the company not only fulfilled its repurchase commitments, but also further increased the repurchase price, demonstrating the company's sufficient confidence. Maintain a "buy" investment rating.
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