Bank of China Securities released a research report on April 17 stating that it gave tax friends shares (603171.SH) a purchase rating. The main reasons for the rating include: 1) the decline in net profit due to increased R&D expenses and the tightening of G-end users' budgets; 2) B-side profitability has increased significantly, with the number of high-price SME users and the number of users in the fiscal and tax agent customer base driven by two wheels; 3) the construction of a major fiscal and taxation model in the vertical sector has been fully launched to develop new digital productivity. (Mainichi Keizai Shimbun)