Caixin Securities released a research report on April 25 stating that it gave Jiangsu Shentong (002438.SZ) a purchase rating. The main reasons for the rating include: 1) a slight increase in cost rates, a slight increase in profitability, a large proportion of projects under construction, and an increase in key indicators per capita; 2) by industry, nuclear power, energy saving and environmental protection have continued to grow, and the metallurgical industry has declined; 3) by product, products that account for the top four revenue, such as flanges, forgings, butterfly valves, and ball valves, have all continued to grow; 4) Nuclear power approval continues to exceed expectations. The company is expected to maintain a high level of continuous growth during the peak delivery period. (Mainichi Keizai Shimbun)