研报掘金丨东兴证券：首予派克新材“推荐”评级，产品结构有望得到优化，进而提升盈利能力

Core Viewpoint - Parker New Materials possesses strong product research and manufacturing capabilities, being one of the few private enterprises in China that can provide precision ring forgings and precision die forgings for high-end equipment such as aircraft engines, aerospace launch vehicles, satellites, gas turbines, and deep-sea equipment [1] Group 1: Company Strengths - The company has entered the supply chain systems of leading domestic enterprises such as Shanghai Electric, Dongfang Electric, Harbin Electric Group, China Shipbuilding Industry Corporation, and Sinopec, among others [1] - Parker New Materials has passed supply chain certification from international high-end equipment manufacturers including Rolls-Royce, Mitsubishi Electric, and Siemens, establishing solid business partnerships with numerous large and high-quality clients [1] Group 2: Production Capacity and Profitability - With the increase in production capacity for die forgings and special alloy forgings, the company's product structure is expected to be optimized, which will enhance profitability [1] - The initial coverage gives a "recommended" rating for the company [1]