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Every AI news flash, open source securities released a research report on April 15th, giving Pinggao Electric (600312.SH) a "buy" rating. The main reasons for the rating include: 1) the company's 2025 report showed a slowing growth rate; 2) State Grid's investment in transmission and transformation increased year-on-year, the company's market share is stable, and it has ample orders in hand; 3) State Grid's fixed asset investment during the 14th Five-Year Plan period is 4 trillion yuan, and the company is expected to benefit from the continuation of ultra-high voltage construction. (Daily Economic News)
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