Gelonghui, November 26 | Huafu Securities' research report pointed out that jiangsu guoxin corp.,ltd. (002608.SZ) primarily operates in two sectors: energy and finance, with a significant proportion of assets in the energy sector; the finance sector contributes stable performance and is the main profit contributor. In 2023, benefiting from a decline in coal prices and improved efficiency, the company's net income attributable to the parent company grew by 3014% year-on-year. From Q1 to Q3 of 2024, the company's net income attributable to the parent company reached 2.921 billion yuan, a year-on-year increase of 48.47%. It is expected that the likelihood of a significant rise in coal prices in the future is low, the overall comprehensive electricity price remains relatively stable, the demand for electrical utilities in jiangsu is robust, and the units under construction will be gradually put into operation during the 14th Five-Year Plan, indicating that the company's performance is expected to continue to grow, with a promising future. This is the initial coverage with a 'buy' rating.