Soochow Securities Co.Ltd(601555) gives China Greatwall Technology Group Co.Ltd(000066) buy rating. Comments on the 2021 annual report and the first quarterly report of 2022: the growth rate of wechat business is bright and the development is accelerating gradually

Soochow Securities Co.Ltd(601555) 05 released the Research Report on April 4, giving China Greatwall Technology Group Co.Ltd(000066) ( China Greatwall Technology Group Co.Ltd(000066) .sz, latest price: 9.02 yuan) a buy rating. The reasons for rating mainly include: 1) market competition and rising costs squeeze gross profit, increase R & D investment and enhance product performance; 2) With the rapid growth of network security and information services, PKS alliance has been further strengthened; 3) Feiteng’s profits have increased, and Xinchuang’s prosperity has helped Feiteng to a higher level. Risk tip: the progress of localization policy is slow; Limited capacity; The company’s products and share did not meet expectations.

AI comments: China Greatwall Technology Group Co.Ltd(000066) in recent months, one Research Report of securities companies has been paid attention to and one has been bought.

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