Anxin securities gave Hhc Changzhou Corp(301061) buy rating, increased revenue for 21 years and increased profits with beautiful performance. It is optimistic that ingenuity will continue to grow for a long time

Anxin securities issued a research report on April 30, saying that it gave Hhc Changzhou Corp(301061) ( Hhc Changzhou Corp(301061) .sz, latest price: 50.07 yuan) a buy rating. The reasons for rating mainly include: 1) increased revenue and profit in 21 years, focused on the U.S. market, and the growth of intelligent electric sofa is significant; 2) Profitability is affected by the price rise of raw materials in the short term, and we insist on continuously increasing R & D investment; 3) In the blue ocean market of smart home, the demand for smart sofa and smart bed continues to rise, and China has great development potential. Risk warning: industry competition intensifies the risk; The risk that the market development outside China is less than expected; Price fluctuation risk of raw materials; Global covid-19 epidemic recurrence risk, etc.

AI comments: Hhc Changzhou Corp(301061) has received attention from a research report of securities companies in recent months.

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