According to the "Binhai Times" reported on the 8th, the grade standard of mahogany products was officially introduced recently. The standard divides mahogany products into national special grades, first grade, second grade, and unqualified grades, and awards mahogany grade certificates. Tianjin became the first batch of pilots.
Guo Shiliang, investment investment consultant of Yongzhu, said that the introduction of the grade standard of mahogany products will further regulate the behavior of the market, which is a long-term positive for listed companies with good product quality and standardized operation. Investors can focus on Fujian Jinsen [11.21 1.82% stocks research report], Shengda Forestry [3.04 1.33% stocks research report], Yihua Wood Industry [4.60 0.22% stocks research report], Keji wood industry [9.80 -0.51% Stocks research report] and other listed companies. It is worth noting that although the introduction of the grading standards is beneficial to the benign development of the company to a certain extent, it does not contribute to the performance of the listed company itself, and should not be overly optimistic.
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