The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it downgraded the rating of Ningde Era (03750, 300705.SZ) H shares to “neutral,” maintained the “increase” rating for A-shares, and lowered the profit forecast for Ningde Era, while maintaining Ningde Era A-shares as the only “increase in holdings” rating among battery stocks covered by the bank.

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