Huayuan Securities gives Beikuang Testing a "Buy" rating: authoritative position in non-ferrous metal testing creates a barrier, with metal price increases and domestication of instruments driving growth potential

Everyday Economic News AI Express, Huayuan Securities released a research report on March 10th, giving Beiken Testing (920160.SH) a “Buy” rating. The main reasons for the rating include: 1) The inspection and testing industry is a strategically emerging industry clearly defined by the state, and mineral testing is entering a period of high-quality development; 2) Beiken Testing is a leading company in the domestic non-ferrous metal mineral product testing field, with strong technical accumulation and authoritative qualifications creating high barriers; 3) The company’s core advantages lie in its industry recognition that is difficult to replicate, dominance in technical standards, and a highly profitable professional model, three factors that are expected to drive long-term growth. Risk warnings: risks of a single main business, underperformance of instrument business, and brand credibility being affected by negative events.

Everyday Headlines (nbdtoutiao)—Exclusive interview with Hu Zejun, Standing Committee Member of the National Committee of the Chinese People’s Political Consultative Conference and Deputy Director of the Population Resources and Environment Committee: Increasing high school places and expanding enrollment in quality undergraduate programs align with China’s demographic changes.

(Reporter Wang Xiaobo)

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