According to the research report released on January 28, Central China Securities Co.Ltd(601375) gave a buy rating of Huafon Chemical Co.Ltd(002064) (002064.sz, latest price: 9.42 yuan). The reasons for rating mainly include: 1) the boom of main products promoted the sharp increase of performance, and the boom of spandex fell in the fourth quarter; 2) The long-term prospect of spandex industry is promising, and the company actively expands production and improves market share; 3) The downstream demand for adipic acid is strong, and the boom is expected to continue to rise. Risk tip: the product price has fallen sharply and the progress of new projects is lower than expected.
AI comments: Huafon Chemical Co.Ltd(002064) got two research reports from securities companies in the past month and bought two.