Minsheng Securities released a research report on April 27 stating that it gave Subote (603916.SH) a recommended rating. The main reasons for the rating include: 1) the company released its 2023 annual report & 2024 quarterly report; 2) the decline in demand affected the performance of the water reducing agent business, and the growth of functional materials bucked the trend; 3) excellent performance in the testing business and overseas business; 4) the increase in cost rates during the period and a marked improvement in cash flow; 5) trillion ultra-long-term special treasury bonds and local government special bonds are expected to drive infrastructure demand. (Mainichi Keizai Shimbun)
民生证券4月27日发布研报称，给予苏博特（603916.SH）推荐评级。评级理由主要包括：1）公司发布2023年年报&2024年一季报；2）需求下行影响减水剂业务表现，功能性材料逆势增长；3）检测业务与海外业务表现优异；4）期间费用率上行，现金流改善明显；5）万亿超长期特别国债和地方政府专项债有望拉动基建需求。（每日经济新闻）
Minsheng Securities released a research report on April 27 stating that it gave Subote (603916.SH) a recommended rating. The main reasons for the rating include: 1) the company released its 2023 annual report & 2024 quarterly report; 2) the decline in dem
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