Sinolink SecuritiesPublished on April 18Research reportsay, giveBethel(603596.SH, latest price: 57.5 yuan) Overweight rating with a target price of 76 yuan. The reasons for the rating mainly include: 1) The chip shortage brings opportunities for domestic substitution, and the company’s technology leads the industry to enjoy dividends; 2) There is a shortage of chips, and domestic substitution continues to advance; 3) The first onebox mass production enterprise in China is moving towards a wire-controlled chassis; 4 ) to develop overseas markets, and category expansion to help the growth of lightweight business.Risk warning: domestic and foreign auto sales are less than expected; localization of brake systems and other components is less than expected; the company’s customer expansion is less than expected; the company’s overseas businessperformanceless than expected.
AI comments:Bethel14 in the past monthbrokerageThe research report paid attention to 11 companies and increased their holdings in 2 companies. The average target price was 74.01 yuan, which was 16.51 yuan higher than the latest price of 57.5 yuan, and the average target price increased by 28.71%.
(Article source: Daily Economic News)