Dongguan Securities released a research report on April 15 stating that it gave Ningde Times (300750.SZ) a purchase rating. The main reasons for the rating include: 1) 2024Q1 battery shipments and net profit continue to grow; 2) battery unit profitability remains stable and cash flow continues to be strong; 3) continuous optimization of inventory management, increasing inventory turnover and improving capacity utilization; 4) diversified product matrices, resonance in domestic and overseas markets, and a stable global leading position. (Mainichi Keizai Shimbun)