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According to the AI flash news, Donghai Securities issued a research report on January 22, giving Jinchuang Group (603680.SH) a "buy" rating. The main reasons for the rating include: 1) The large-scale bidding for the CRRC high-speed trains in 2025 will drive the demand for urban rail vehicles; 2) At the industry level, the railway transportation capacity will be upgraded, and the testing of the CR450 high-speed trains will continue to progress; 3) The development of new vehicle models will drive innovation in vehicle support products, and maintenance demand will gradually release with the use life; 4) Pay attention to the development of emerging industries, with the company's subsidiaries jointly investing with professional institutions. (Daily Economic News)
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