Guoxin Securities released a research report on April 25 stating that it gave Chenghe Technology (688625.SH) an increase in its holdings. The main reasons for the rating include: 1) the steady rise in revenue in 2023, and the performance continues to grow rapidly; 2) the main reasons for the increase in performance: increased domestic replacement rate, new antioxidant business, and expanded customer range; 3) the scope of application continues to expand, and the company's main products still have a lot of room for growth; 4) the IPO project is progressing steadily, and the company is optimistic about the steady growth of the company. (Mainichi Keizai Shimbun)