Open Source Securities Gives Longyuan Shares a "Hold" Rating, Automotive Precision Castings Mini Giant, Closely Following the New Energy Lightweight Wave

NightAirdropper · 2026-03-22T21:32:22+00:00

Open Source Securities assigned a "Hold" rating to Longyuan Co., Ltd. (920055.SH), believing it has high growth potential in the new energy lightweight field, but investors should be wary of automotive industry cyclical fluctuations, customer concentration, and raw material price risks. Meanwhile, the Middle East conflict is affecting Southeast Asia, with Thailand and Vietnam experiencing fuel shortages and protest activities.

NightAirdropper

2026-03-22 21:32:22

Abstract generation in progress

Mingji AI Express, Open Source Securities released a research report on March 22nd, giving Longyuan Co., Ltd. (920055.SH) a “Hold” rating. The main reasons for the rating include: 1) Automotive precision casting “little giant” with high growth in new energy lightweighting; 2) High industry growth potential, closely aligned with the new energy lightweighting trend; 3) Peers in the industry have an average PE ratio of 41.28X in 2024.
Risk warnings: Risks of automotive industry cycle fluctuations, high customer concentration risk, and raw material price volatility.

Mingji Headlines (nbdtoutiao) — Middle East conflict, Southeast Asia “suffers”: Thailand “can’t get fuel with money,” Phuket tour boats halted; Vietnam experiences long fuel queues, government calls for “work from home”; Philippines drivers protest collectively…

(Reporter Zeng Jianhui)

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