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Every Ai Fast News, Huayuan Securities released a research report on November 19, giving an "hold" rating to Sanxiang Technology (920195.SH). The main reasons for the rating include: 1) The drive for growth in new energy product layout + intelligent manufacturing upgrade + global production capacity expansion; 2) By 2025, the market for automotive hoses may grow to 25.909 billion yuan, with new materials such as nylon expected to replace traditional rubber under the trend of lightweighting. (Daily Economic News)
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