Guojin Securities released a research report on April 19 stating that it gave Ningde Times (300750.SZ) a purchase rating. The main reasons for the rating include: 1) Based on steady profit before interest and after tax, the company's cash flow achieved a positive cycle through the cycle; 2) the DCF valuation center is far higher than the current; 3) the cost and technical barriers are deep, and profit before and after tax has grown steadily; 4) the cash flow is in a positive cycle without fear of changes in the industry cycle; 5) the company is still at the absolute bottom under the extreme zero growth scenario. (Mainichi Keizai Shimbun)