Lates News

According to the AI Express of Each Economy, Minsheng Securities issued a research report on August 26 recommending a buy rating for China Automotive Engineering Research Institute (601965.SH). The reasons for the rating mainly include: 1) the exit of the special vehicle business leading to a significant increase in gross profit margin year-on-year; 2) the official launch of the East China headquarters to build a full chain research and development testing system; 3) the expectation that L2 strong inspection will be implemented to open up new growth space. (Daily Economic News)