Lates News

According to the AI Express of Daily Economic News, Minsheng Securities released a research report on August 27, giving Newater Technology (301120.SZ) a recommended rating. The main reasons for the rating include: 1) The gross profit margin of 25Q2 is under pressure, but the gross profit margin of core products in 25H1 remains above 30%; 2) The company actively focuses on the AIDC field, with layout in the SST solid state transformer scheme; 3) Energy storage business continues to reduce losses and is expected to become a new positive profit growth point for the company.