Lates News

According to a brief report released by Dongwu Securities on November 3, Shenmei Shanghai (688082.SH) has been given a "buy" rating. The reasons for this rating include: 1) the company's performance has shown steady growth, with a year-on-year increase of 67% in Q1-Q3; 2) the net profit margin in Q3 continues to improve, with high investment in research and development maintained; 3) inventory has slightly increased, and operating cash flow has turned positive on a quarter-on-quarter basis; 4) the company's platform layout for cleaning, plating, and coating equipment is expected to benefit from the increased demand for cleaning and plating in HBM. (Daily Economic News)