Lates News

According to the AI Fast News of Every Economy, Shanxi Securities issued a research report on August 19th, giving Xiu Cheng Ultrasonic (688392.SH) a buy rating. The main reasons for the rating include: 1) significant growth in revenue in the first half of 2025, with faster revenue growth in Q2, mainly due to a significant increase in sales revenue of ultrasonic equipment for new energy battery, wire harness connector ultrasonic equipment, and accessories; 2) a significant increase in gross profit margin and overall profitability, mainly due to the continuous increase in the proportion of product income with high gross profit margin levels, and the company's strengthening of operational and management efficiency; 3) the continuous breakthrough of advanced encapsulation related businesses in technology and market boundaries, accelerating towards mass applications. During the reporting period, ultrasonic scanning microscopes, ultrasonic bonding machines, etc. have received formal orders. (Daily Economic News)