Soochow Securities Co.Ltd(601555) give Fuyao Glass Industry Group Co.Ltd(600660) buy rating and issue ultra short-term financing bonds to help the sustainable development of the company

Soochow Securities Co.Ltd(601555) 04 released a research report on April 30, giving Fuyao Glass Industry Group Co.Ltd(600660) ( Fuyao Glass Industry Group Co.Ltd(600660) .sh, latest price: 35.55 yuan) a buy rating. The reasons for rating mainly include: 1) issue the fifth phase of ultra short-term financing bonds in 2022 to repay the loan, highlighting the company’s development confidence; 2) Benefit from the popularization of sky curtain + high value-added functions, improve the unit price of steam glass, increase the global share with cost advantage, and open up long-term growth space. Risk warning: epidemic control is lower than expected; The price war of passenger cars exceeded expectations.

AI comments: Fuyao Glass Industry Group Co.Ltd(600660) has received attention from 6 research reports of securities companies in the past month and bought 6. The average target price is 48.81 yuan, 13.26 yuan higher than the latest price of 35.55 yuan, and the average target price increases by 37.29%.

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