On April 29, Tianfeng Securities issued a research report recommending a buy rating for Zhongtian Technology (600522.SH, latest price: 13.87 yuan). The reasons for this rating include:
- In 2024, revenue and gross margins from the optical communication and renewable energy sectors are expected to face pressure, leading to a decline in performance;
- In the first quarter of 2025, there is anticipated rapid growth in revenue and net profit excluding non-recurring items;
- The company has a robust order backlog, indicating strong growth momentum;
- Looking ahead, all business segments are expected to exhibit strong development momentum, with rapid performance growth likely.
Risk factors include slower-than-expected progress in the offshore wind industry, lower-than-anticipated demand in the optical communication sector, fluctuations in raw material prices, and competitive pressures affecting profitability.
In recent weeks, Zhongtian Technology has attracted attention from four brokerage reports, with two recommending a buy.
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