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Open Source Securities gives Zhongyu Technology a "Buy" rating, with revenue expected to grow by 18.41% year-over-year in 2025. Under the high oil price environment, the company's products are expected to see both volume and price increases.
Jingji AI Express: On April 6, Open-Source Securities released a research report saying it has given a “Buy” rating to Zhongyu Technology (920694). The main reasons for the rating include: 1) near-term disruptions have put pressure on the company’s earnings, while its development across multiple fields in a comprehensive way improves its resilience to risks; 2) international oil prices remain high, and robust oil and gas extraction activities help support the company’s product demand to keep growing. Risk warning: risks of fluctuations in raw material prices, failure of new product market expansion to meet expectations, and risks of intensifying market competition.
The Daily Economic News Top Headlines (nbdtoutiao) — Major U.S. data was released: rate cuts by the Federal Reserve this year are up in the air! Will it pivot to rate hikes? Goldman Sachs gave four reasons: “The likelihood is very small”
(Reporter: Zeng Jianhui)
Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before using. You assume all risks for any action taken.
Daily Economic News