China Post Securities released a research report on April 22 stating that it gave Xingyuan Materials (300568.SZ) an increase in holdings rating. The main reasons for the rating include: 1) incident: the disclosure of the 2023 annual report and the 2024 quarterly report by Xingyuan Material; 2) 23Q4 performance was under pressure, mainly affected by product price cuts and the company's large one-time expenses; 3) 2023 single flat net profit of about 0.2 yuan; 4) in-depth cooperation with major overseas customers to provide effective support for the company's shipments over a long period of time. (Mainichi Keizai Shimbun)