On September 26, Greelong pointed out in a research report that Daqin Railway (601006.SH) is the leading company in China Railway Group's west coal to east transportation, with abundant profits and cash flow, bringing stable dividend capability. In terms of transportation volume, it is expected to steadily rise in the short term with the stable production and supply of upstream coal, and has a three-tier safety cushion supported by the transformation of coal from the source area to high-quality production areas, the transformation of bulk commodities to rail transportation, and the cost advantage of the line in the medium to long term; In terms of transportation prices, based on its own line distance advantage, it is believed that the company's transportation rates may remain stable. In addition, the calculation of the company's dividend yield relative to the yield of maturing government bonds shows stable high dividend characteristics, and a first-time coverage is given a "shareholding" rating.