Western Securities Co.Ltd(002673) maintain Xinyangfeng Agricultural Technology Co.Ltd(000902) buy rating comments on 2022 first quarter report: obvious advantages of industrial chain integration and steady performance growth

Western Securities Co.Ltd(002673) 04 released a research report on 20 April, saying that it maintained the buying rating of Xinyangfeng Agricultural Technology Co.Ltd(000902) ( Xinyangfeng Agricultural Technology Co.Ltd(000902) .sz, latest price: 17.64 yuan). The reasons for rating mainly include: 1) the high boom of agrochemical industry has contributed to the great increase of the company’s performance; 2) The integration of industrial chain has obvious advantages and smoothes the fluctuation of raw materials; 3) Steady progress was made in capacity expansion, entering new energy and opening the second growth curve. Risk warning: the project construction is not as expected; Weakening of environmental protection management Shenzhen Agricultural Products Group Co.Ltd(000061) and fluctuations in raw material prices.

AI comments: Xinyangfeng Agricultural Technology Co.Ltd(000902) in the past month, it has received 7 research reports from securities companies, bought 6, and strongly recommended 1.

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