Lates News

According to the AI Quick News, Industrial Securities Co., Ltd. released a research report on May 7th giving a buy rating to China Electric (300035.SZ). The rating reasons mainly include: 1) The company's 2024 annual report and 2025 first quarter report have both achieved significant year-on-year growth in net profit attributable to shareholders; The company's negative electrode business is developing well, and overseas markets are expected to gradually open up; 2) The net profit attributable to shareholders in Q1 2025 was 134 million yuan, a year-on-year increase of 465.80%; 3) Volume increase in negative electrode business, improving profitability; 4) Magnetic and electrical equipment synergistically developing negative electrodes, with application areas continuously expanding. (Daily Economic News)