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Every AI Express, Dongwu Securities released a research report on April 30, giving Huayang Racing (920058.SH) a "buy" rating. The reasons for the rating include: 1) steady growth in revenue, performance declined year-on-year due to price reductions to reduce inventory and reduced exchange gains; 2) By 2025, non-road two-wheeled motorcycle revenue will account for nearly 70%, with dual-brand synergy driving continued optimization of business structure; 3) Capacity upgrades + electrification layout solidify advantages, globalization and product iteration open up growth space. (Daily Economic News)