Lates News
According to Every Financial News, Hualong Securities released a research report on August 16 giving a "buy" rating to Chunfeng Power (603129.SH). The reasons for the rating include:
1) The company's rapid revenue growth benefiting from the synergistic development of four-wheel all-terrain vehicles, two-wheel motorcycles, and electric vehicles;
2) All-terrain vehicles: steady demand growth in the market, the company's leading position is expected to further strengthen;
3) Motorcycles: the global motorcycle market is booming, with export growth expected to accelerate in the second half of the year;
4) Two-wheeled electric vehicles: policy drive and user demand resonance, creating a third growth curve. (Daily Economic News)
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