Lates News

According to a newsflash from Every Economic, on August 27, Zhongyin Securities issued a research report giving Quectel (688352.SH) a buy rating. The main reasons for the rating include: 1) stable growth in revenue, with gross profit margin bottoming out; 2) good clearance of large size panel inventory, with stocking up for promotion in the second half of the year; 3) stable position in the display business, actively expanding non-display businesses. (Every Economic News)