Tianfeng Securities gives Taihua Advanced Materials a Buy rating: the two-wheel drive of new product gains and conventional product cost reductions expect yield and production capacity to continue to increase – yqqlm

　　 Tianfeng SecuritiesOn March 13th, a report titled “New Product Gain and Conventional Product Cost Reduction Two-wheel Drive, Expecting Yield and Production Capacity to Continue to Improve”Research reportsay, giveTaihua New Materials(603055.SH, latest price: 11.98 yuan) Buy rating.The reasons for the rating mainly include: 1) Continue to break through differentiated high value-added products, and combine the depth and breadth of high-quality customers; 2) First release the renewable blue ocean market, and technological breakthroughs to seize market opportunities; 3) Maintainprofit prediction, maintain a buy rating. Risk warning: Risks such as repeated epidemics that demand is lower than expected, fluctuations in raw material prices, and changes in management.performanceThe express report is only the preliminary accounting result. Please refer to the annual report for specific financial data.

AI comments:Taihua New Materials3 copies in the past monthbrokerageThe research report is concerned, buy 2, the average target price is 21.85 yuan, compared with the latest price of 11.98 yuan, 9.87 yuan higher, the average target price increase of 82.39%.

(Article source: Daily Economic News)

Article source: Daily Economic News

Responsible editor: 10

Original title: Tianfeng Securities gave Taihua Advanced Materials a buy rating: the two-wheel drive of new product gain and conventional product cost reduction, expecting yield and production capacity to continue to improve