Western Securities Co.Ltd(002673) on April 29, the research report said that the purchase rating of Beijing Sinohytec Co.Ltd(688339) (688339.sh, latest price: 269.3 yuan) was maintained. The reasons for rating mainly include: 1) the performance in 2020 is slightly lower than expected, and the epidemic situation and the time of policy introduction affect the shipment progress; 2) In the first quarter, the loss was reduced year-on-year, and the large-scale cost reduction is expected to speed up; 3) Toyota cooperates to consolidate its medium and long-term competitiveness and attaches importance to the leading growth space. Risk tip: the fuel cell policy is less than expected, and the cost reduction of the industrial chain is less than expected.
AI comments: Beijing Sinohytec Co.Ltd(688339) got one research report from securities companies in recent month and bought one.
(Daily Economic News)
