Lates News

According to a report published by China Galaxy on August 29, it has recommended a buy rating for Maier Technology (300751.SZ). The main reasons for the rating include: 1) A 43% increase in net profit attributable to shareholders in Q2 compared to the previous quarter, driven by the overseas solar business and semiconductor business which have improved gross profit margin; 2) The top-level commitment to anti-inward competition, which differs fundamentally from industry self-regulation against inward competition. The industrial structure of the solar industry is expected to be optimized, and the sector's valuation is expected to bounce back from the bottom; 3) It plans to issue convertible bonds to raise approximately 1.967 billion yuan for investment in the calcium titanium layered project. (Daily Economic News)