Lates News

According to the AI Fast News of Every Economic News, Dongwu Securities released a research report on April 3, giving Zhongyu Technology (920694.SH) a "buy" rating. The main reasons for the rating include: 1) Revenue is expected to increase by 18% year-on-year in 2025, with performance being affected by factors such as tariffs, shipping costs, and exchange rate fluctuations causing a year-on-year decline; 2) High-pressure large-flow and ordinary lightweight conveying hoses serve as the profit base, with flexible reinforcement and steel-lined abrasion-resistant hoses still in the early stages of expansion; 3) The multi-level hose business layout is beginning to show results, and optimistic about the increase in overseas markets such as the Middle East/Australia/United States. (Daily Economic News)