Lates News

According to the AI Flash News, Shanghai Securities published a research report on April 12 giving a "buy" rating to China National Heavy Duty Truck (000951.SZ). The reasons for the rating mainly include: 1) The replacement of old vehicles with new ones subsidizes the growth of the heavy truck industry's annual sales volume, the company's high sales growth drives the annual revenue growth, and the rapid expansion of the new energy business temporarily lowers the gross profit margin; 2) The export business performs well, and overseas markets will maintain a good growth trend; 3) The axle company's performance is high, it will enjoy tax incentives as a high-tech enterprise, and will further enhance profitability. (Daily Economic News)