Huaxi Securities: Huaxiang Corporation's profitability continues to improve, maintaining a "buy" rating.

Huaxi Securities research report pointed out that Huaxiang shares' profitability continues to improve, accelerating the cultivation of new growth poles. In the first quarter of 2026, operating income reached 1.05 billion yuan, and net profit attributable to shareholders reached 147 million yuan. The company will continue to consolidate and strengthen the basic plate of the three main industries of white goods components, automotive components, and construction machinery components, and focus on the development of strategic emerging industries, forming an industrial ecosystem of "expansion of core industries + explosion of emerging tracks", accelerating the cultivation of new growth poles such as robot components. The company is actively extending into the high-end intelligent equipment field. It maintains a "buy" rating.