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According to Every Economic AI Flash, China Merchants Securities issued a research report on May 9, giving Ding Sheng New Materials (603876.SH) a rating of "increased holding". The reasons for the rating mainly include: 1) The company released its 2024 annual report and 2025 first quarter report. The performance in 2024 was under pressure, but the net profit attributable to the mother in the first quarter of 2025 increased significantly year-on-year; 2) Sales of aluminum foil and aluminum sheet strips maintained a high growth rate year-on-year; 3) Overseas revenue is growing rapidly, with the advantages of scale and globalization layout continuously consolidated. (Daily Economic News)