Recently, Dongxing Securities released a research report, giving Xingtong Shares a “Recommended” rating for the first time. This rating has sparked widespread market attention regarding Xingtong Shares’ future development. Xingtong Shares has been deeply involved in the coastal bulk liquid chemical transportation sector for many years and is undoubtedly a leading enterprise in the industry. It is committed to becoming a world-class, domestically leading integrated chemical supply chain service provider. As of the report’s release date, Xingtong Shares possesses a sizable fleet. The company owns 40 vessels of various types, including 34 chemical tankers, 3 product oil tankers, and 3 LPG carriers. This diverse fleet provides a solid guarantee for the company’s stable operation in the coastal liquid chemical transportation sector. However, Xingtong Co., Ltd. faces short-term pressure on its performance in 2025. Dongxing Securities believes that with the bottoming out and recovery of downstream demand and the slowdown in supply growth, the domestic trade market is expected to continue to improve. In the domestic market, Xingtong Co., Ltd. has accumulated a large number of high-quality customer resources thanks to its years of industry experience and comprehensive service system. With the gradual improvement of the market environment, the company is expected to further consolidate its leading position in the domestic trade market and achieve a rebound in performance. In terms of foreign trade, Xingtong Co., Ltd. has demonstrated keen market insight and a proactive pioneering spirit. Currently, the global chemical tanker fleet is aging significantly, which presents a rare market opportunity for Xingtong Co., Ltd. The company is rapidly seizing the market with its young, high-end, energy-saving, and environmentally friendly fleet, attempting to create new growth points in the international market. This strategic layout not only aligns with global environmental trends but also meets customers’ demands for efficient and environmentally friendly transportation. Through expansion in the international market, Xingtong Holdings is expected to enhance its international brand influence and further expand its market share. Dongxing Securities initiated coverage of Xingtong Holdings with a “Recommended” rating, reflecting its confidence in Xingtong’s future development. Driven by both domestic and international trade, Xingtong Holdings is expected to achieve future performance growth and further enhance its market position. For China’s foreign trade market, Xingtong’s development also has demonstrative significance, demonstrating the competitiveness and innovation capabilities of Chinese enterprises in the international market and providing strong support for more Chinese goods to reach the world.
Dongxing Securities initiated coverage of Xingtong Co., Ltd. with a “Buy” rating, focusing on new opportunities in the foreign trade market.
A research report by Dongxing Securities has issued a new rating for Xingtong Co., Ltd., identifying growth potential in both domestic and foreign trade markets. As a leader in coastal liquid chemical shipping, the company faces short-term earnings pressure; however, the domestic market is expected to improve, and it is actively expanding its presence in the foreign trade market.
