Huaxin Securities: First to give Chujiang New Materials a "buy" rating, business upgrading drives profit growth.

Huaxin Securities research report pointed out that Chujian New Materials focuses on the dual main industries of copper-based and carbon-based, and the high-end business drives the profit rebound. The company is committed to product technology research and development of copper-based materials. The continuous upgrading of copper strip business to high-end is expected to drive the company's profit increase; subsidiary Dingli Technology focuses on advanced ceramics and composite materials key processes, developing a series of thermal equipment such as continuous high temperature powder synthesis equipment, SiC/BN chemical vapor deposition furnace, serving top customers in aerospace, nuclear industry, semiconductor and research institutes. First coverage, give a "buy" investment rating.