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Each Economic AI Express, Open Source Securities published a research report on March 31, giving consistent konjac (920273.SH) a "buy" rating. The rating reasons mainly include: 1) 2025 annual report: revenue of 739 million yuan, a year-on-year increase of 20%; net profit attributable to mother of 66.72 million yuan, a year-on-year decrease of 23%; 2) the unit price of konjac powder has increased, and the rapid growth trend of tea drink ingredients, raw material price increase has put pressure on gross profit margin; 3) the company's research and development expenses increased by 16% year-on-year in 2025, with 28 invention patents. (Daily Economic News)