Soochow Securities Co.Ltd(601555) gave Ginlong Technologies Co.Ltd(300763) buy rating: strong chip supply guarantee ability, inverter shipment, high energy storage and explosive growth. The target price is 233 yuan

Soochow Securities Co.Ltd(601555) 04 released a research report on April 26, giving Ginlong Technologies Co.Ltd(300763) ( Ginlong Technologies Co.Ltd(300763) .sz, latest price: 173.55 yuan) a buy rating, with a target price of 233 yuan. The reasons for rating mainly include: 1) strong chip supply guarantee ability and rapid increase in market share; 2) The profit of 2022q2 inverter continues to improve; 3) Energy storage welcomes explosive growth and has sufficient orders on hand. Risk tip: the policy is less than expected and the competition intensifies.

AI comments: Ginlong Technologies Co.Ltd(300763) in the past month, it has received three research reports from securities companies. It has bought two and increased its holdings of one. The average target price is 205.6 yuan, 32.05 yuan higher than the latest price of 173.55 yuan, and the average target price has increased by 18.47%.

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