Lates News

Each AI Express, Zhongyuan Securities released a research report on August 26th, giving Punaigufen (002225.SZ) a buy rating. The main reasons for the rating include: 1) downstream demand weakness and product price pressure affecting the company's profitability; 2) the decline in gross profit margin of the main business of refractory materials affected by the decline in settlement prices for whole-set business; 3) the pressure on the profitability of refractory materials business leading to an increase in credit impairment losses year-on-year; 4) the profitability of the main business of refractory materials is expected to improve in the future, with steady progress in overseas business and magnesia business. (Daily Economic News)