Gelonghui, May 9 | According to Dongxing Securities Research Report, Bull Group (603195.SH) performed well in 2023 and 24Q1, and the new energy business grew rapidly. The company's two cornerstones of business transformation and wall expansion are stable, and it is expected to recover steadily this year; the company relies on channel layout and electrical connection technology advantages to expand categories, while actively laying out overseas markets, and growth can be expected. The company's past business performance has grown steadily, and the strategy is clear. The market space for the two major new businesses without headlights and new energy is huge. Overseas markets need to be explored urgently. I am optimistic that Bull Group will continue to grow steadily in the future. Maintain a “Recommended” rating.
研报掘金丨东兴证券：公牛集团两大基石业务有望稳步复苏，维持“推荐”评级
Research Report Nuggets丨Dongxing Securities: Bull Group's two cornerstone businesses are expected to recover steadily and maintain a “recommended” rating
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