AVIC securities issued a research report on May 4, giving Sanxiang Advanced Materials Co.Ltd(603663) ( Sanxiang Advanced Materials Co.Ltd(603663) .sh, latest price: 13.62 yuan) a buy rating. The reasons for rating mainly include: 1) the steady improvement of volume and price drives the growth of performance; 2) In depth layout of zirconium industry chain; 3) March into magnesium aluminum alloy materials and develop lightweight power batteries. Risk tips: the price fluctuation risk of raw materials, the impact of the epidemic on downstream demand, and the production progress of new projects is less than expected.
AI comments: Sanxiang Advanced Materials Co.Ltd(603663) in the past month, it has received two research reports from securities companies and bought two.
