Lates News

With regards to the Daily Economic News report on May 12th, China Construction Bank Securities issued a research report giving Eastcompeace Technology Co., Ltd. (688700.SH) a buy rating. The rating reasons mainly include: 1) Pressure on the company's performance in 2024 due to downstream equipment demand in the new energy sector; 2) Improvement in revenue in the first quarter of 2025, but profits still under pressure due to depreciation and amortization; 3) Continued introduction of new products, waiting for downstream demand to be released.