Guoxin Securities releases a report on Bailong Chuangyuan, with increasing demand for high-end products and quarterly rapid growth in performance.

National Business Daily AI Express, Guoxin Securities released a research report on April 8th stating that they have given Bailong Chuangyuan (605016.SH, latest price: 26.58 yuan) an “Outperform the Market” rating. The main reasons for the rating include: 1) Rapid growth in dietary fiber revenue, with resistant dextrin becoming the core driver; 2) Steady increase in health sweetener revenue, with significantly enhanced profitability; 3) The functional sugar drying expansion project is about to be put into production, and the Thailand health project is progressing steadily, continuing to contribute to the company’s profits; 4) Domestic approval of Alotone sugar has been granted, and the overseas market scale is steadily growing.
Risk warnings: Risks of the new projects’ production and ramp-up progress falling short of expectations; risks of significant fluctuations in raw material prices; risks of intensified market competition; risks of substantial product price declines; risks of downstream demand being below expectations.

National Business Daily Headlines (nbdtoutiao)—Last 90 minutes turnaround, why did the US and Iran cease fire for two weeks? Experts: The three major goals of the US have failed, Iran has an “asymmetric advantage”; oil prices plummeted in the short term, but high oil prices pose long-term concerns.

(Reporter Zeng Jianhui)

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