BOC Securities gives Yilite Chemical a "Buy" rating. Downstream destocking proceeds smoothly, and sales growth drives a high year-over-year increase in performance.

2026-04-05 16:05:48

Everyday Economic News AI Express: On April 1, BOC Securities released a research report, giving Lier Chemical (002258.SZ, latest price: 14.71 yuan) a “Buy” rating. The main reasons for the rating include: 1) The downstream inventory reduction is progressing smoothly, and sales growth drives an improvement in revenue; 2) Improved gross margin and improved net profit margin; 3) Leader enterprises in polyaminic phosphonic acid and procyaminic phosphonic acid—have their capacity expansion advancing in an orderly manner. Risk warnings: market competition risk; environmental protection risk; safety production risk; the risk that large-scale construction investment leads to a decline in profits; the management risk arising from the company’s rapid development; and the risk of international trade frictions.

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(Reporter: Zeng Jianhui)

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