Anxin securities released a research report on March 22, saying that it gave Zhejiang Yonggui Electric Equipment Co.Ltd(300351) ( Zhejiang Yonggui Electric Equipment Co.Ltd(300351) .sz, latest price: 11.64 yuan) a buy rating for the first time. The reasons for rating mainly include: 1) the connector industry has been deeply cultivated for nearly 50 years, based on the diversified expansion of rail transit connectors; 2) The rail transit industry has high barriers, and the company’s products are highly competitive, entering the “Fuxing” supply system; 3) The rapid penetration of new energy vehicles has driven the rapid growth of connector and charging gun market; 4) The layout of charging gun is in the lead, and the first mover advantage of liquid cooling overcharge is significant, which is expected to gradually increase the volume. Risk tip: the price rise of raw materials is higher than expected, the sales volume of new energy vehicles is lower than expected, the marketing progress of liquid cooling overcharge is lower than expected, the prosperity of rail transit industry is lower than expected, and the calculation assumptions are lower than expected.
AI comments: Zhejiang Yonggui Electric Equipment Co.Ltd(300351) in the past month, it has received one research report from securities companies and bought one. The average target price is 14.35 yuan, which is 2.71 yuan higher than the latest price of 11.64 yuan, and the average target price increases by 23.28%.
