Lates News

Every AI Express, Minsheng Securities released a research report on May 14 giving a buy rating to Xin Te Electric (301120.SZ). The rating reasons mainly include: 1) Leading enterprise in high-voltage frequency conversion transformers, actively expanding the second growth curve of industrial and commercial energy storage; 2) High barriers in high-voltage frequency conversion transformer market, with the company focusing on incremental markets such as data centers, electric ships, and petrochemicals; 3) The demand for industrial and commercial energy storage industry is growing, and the company is actively deploying the second growth curve. (Daily Economic News)