Chuancai securities issued a research report on April 25, saying that it gave an overweight rating to Zhejiang Fenglong Electric Co.Ltd(002931) ( Zhejiang Fenglong Electric Co.Ltd(002931) .sz, latest price: 9.34 yuan). (1) the growth rate is lower than the expected growth rate of the parent company's net profit in 2021, including the main reasons why the growth rate is lower than the expected growth rate of the parent company's net profit in 2021; 2) The revenue growth rate in the first quarter of 2022 was basically in line with expectations, but the gross profit margin repair progress was lower than our expectations. Risk tips: the macro-economy is lower than expected, the industry competition intensifies, the progress of production expansion is lower than expected, the impact of exchange rate fluctuations is higher than expected, and the impact of the epidemic is higher than expected.
AI comments: Zhejiang Fenglong Electric Co.Ltd(002931) in recent months, it has received the attention of one Research Report of securities companies and increased its holdings of one.
