According to the China Merchants Securities Research Report, Fuyao Glass is a leading global automotive glass company with strong global competitiveness. The company has established modern production bases and commercial institutions in 18 provinces and cities in China and 12 countries and regions including the United States, Russia, Germany, Japan, and South Korea, and has set up 11 R&D and design centers in China, America, Germany, and Japan. The products have been certified and selected by world-renowned automobile manufacturers and major automobile manufacturers. The global market share reached 34%, ranking first in the world, and the Chinese market share was about 68%. The company's share of high-value-added products continues to increase, and profitability continues to be optimized. The cost side benefits from low soda ash prices, stable pipeline gas prices, and a slight rise in LNG prices but little use; the global market share is steadily increasing, and its leading position in the industry is prominent. Maintain a “Highly Recommended” rating.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.