Lates News

According to the daily AI news, China Merchants Securities released a research report on May 20th, giving a "buy" rating to GEM Co., Ltd. (002340.SZ). The reasons for the rating include: 1) the company's 2024 annual report and 2025 first quarter report both showed year-on-year growth in net profit attributable to shareholders, with the company's nickel resources competitiveness continuously strengthening, and the power battery and tungsten recycling business expected to become new profit growth points for the company; 2) strong production and sales in the first quarter of 2025, with a year-on-year increase of 12.10% in net profit attributable to shareholders; 3) continuous strengthening of nickel resource competitiveness; 4) rapid year-on-year growth in both power battery and tungsten recycling volume. (Daily Economic News)