Guoxin Securities released a research report on April 26 stating that it gave Longyuan Electric Power (001289.SZ) an increase in holdings rating. The main reasons for the rating include: 1) operating income was basically flat, and net profit due to parent increased slightly; 2) wind power generation increased slightly; 3) gross margin and net interest rate were basically flat year over year; 4) ROE was basically flat year over year, and operating net cash flow declined slightly; 5) installed capacity of new energy sources continued to grow, and future performance is expected to improve steadily; 6) wind farms are being upgraded “from big to small” to promote efficiency improvement. (Mainichi Keizai Shimbun)