Cinda Securities released a research report on April 19 stating that it gave Lu'an Huanneng (601699.SH) a purchase rating. The main reasons for the rating include: 1) the sharp drop in coal prices affects the 2023 performance, and the gross margin level remains high; 2) the company continues to implement a “good year” high-percentage dividend policy; 3) the company continues to strategically expand resources and do a good job of “addition; 4) low long-term cooperation brings high performance elasticity, and net cash highlights investment value. (Mainichi Keizai Shimbun)