AVIC securities issued a research report on April 29, giving a buy rating of Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) (688059. Sh, latest price: 136.55 yuan). The reasons for rating mainly include: 1) tool products are widely used, and there is a large substitution space in the import link; 2) The demand for cemented carbide tools is the most, and will continue to increase with the increase of NC rate; 3) Transform to solution manufacturers and enter the new material tool market. Risk warning: the downstream prosperity is reduced; The impact of foreign epidemic on the economy is intensified. Profit forecast:
AI comments: Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) got one Research Report of securities companies in recent month and bought one.
(Daily Economic News)
