Cinda securities released a research report on March 9, saying that it maintained the buying rating of Zhenjiang Dongfang Electric Heating Technology Co.Ltd(300217) ( Zhenjiang Dongfang Electric Heating Technology Co.Ltd(300217) .sz, latest price: 4.85 yuan). The reasons for rating mainly include: 1) the catalytic performance of photovoltaic equipment orders and the substantial improvement of profitability; 2) The traditional business has risen steadily, and actively explore new energy vehicle customers; 3) The communication optical cable industry recovered, and the loss of battery steel business narrowed significantly. Risk tips: the introduction of shovel type PTC electric heater is less than expected, the business expansion of PTC electric heater of new energy vehicles is less than expected, the policy changes such as subsidies for new energy vehicles affect the industry growth, the policy changes of photovoltaic industry, and the centralized purchase price of 5g communication optical fiber and cable continues to decline.
AI comments: Zhenjiang Dongfang Electric Heating Technology Co.Ltd(300217) has received the attention of two research reports of securities companies in recent month and bought one.
