Lates News

According to a research report released by Chengtong Securities on August 21st, they strongly recommend a buy rating for Dongfang Electric Cable (603606.SH). The reasons for the rating mainly include: 1) Profit in the second quarter of 2025 declined compared to the previous quarter, mainly due to the delay in the recognition of high-profit businesses; 2) The backlog of orders continues to increase, and future financial indicators show significant improvement, ensuring a high level of certainty in the company's performance growth; 3) The company will continue to benefit from the continuous growth of the global offshore wind power industry. (Daily Economic News)