Lates News

According to the AI Fast News of each economy, Guoyuan Securities issued a research report on November 10, giving Xiamen Tungsten Industry Co., Ltd. (600549.SH) a "buy" rating. The rating reasons mainly include: 1) High growth in performance in Q3 of 2025, and the annual performance is worth looking forward to; 2) Profit growth in tungsten and molybdenum business in Q1-Q3 of 2025, tightening supply and demand situation helps tungsten prices to remain high; 3) Continued improvement in downstream penetration of photovoltaic tungsten wires, upgrading of cutting tool business driving sales growth; 4) Rapid growth in energy new materials business in Q1-Q3 of 2025, continuous expansion of market demand; 5) Stable and profitable growth in rare earth business in Q1-Q3 of 2025, pressure on real estate business; 6) a substantial reduction in operating expenses, improvement in operational efficiency; 7) orderly promotion of key projects in three major sectors. (Daily Economic News)