Glonghui, May 23, 丨 According to Dongfang Wealth Development Research Report, although the main business of Zhongbing Red Arrow (000519.SZ) was impacted by external factors, net profit continued to grow rapidly. The company achieved net profit of 819 million yuan in 2022, an increase of 68.76% over the previous year; the company's profitability increased. The company's profitability increased by 28.88% in 2022, an increase of 8.14pct over the previous year. The company focuses on its core business, and its market share is expected to increase. Among them, civilian superhard materials continue to maintain their leading position in the market, with a domestic market share of 45%; the market share of blasting equipment transporters ranked first in the country, accounting for more than 50% of the market share. It was covered by Oriental Wealth for the first time, and the bank gave China Soldier Red Arrow an “increase in holdings” rating.