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Every AI Express, Pacific Securities released a research report on April 30, giving a buy rating to Taotao Auto (301345.SZ). The rating reasons mainly include: 1) The high growth of intelligent electric low-speed vehicles in 2024, with impressive performance in the United States and the Americas (excluding Canada), and a multi-level sales network achieving a global layout of online and offline synergy; 2) Short-term pressure on gross profit margin in Q1 2025, with a significant increase in net profit margin; 3) The company's overseas production capacity layout advancing, deepening the synergy of production capacity in China, Southeast Asia, and North America. (Daily Economic News)