Open Source Securities released a research report on April 27 stating that it gave Emma Technology (603529.SH) a purchase rating. The main reasons for the rating include: 1) bicycle division: product structure continues to be optimized, and bicycle profits have increased significantly; 2) profitability: gross margin has increased markedly and cost-side control is stable; 3) Company outlook: 2024Q2 or a channel where the purchase price rises sharply, and the fundamental inflection point is clear under a low base. (Mainichi Keizai Shimbun)