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According to the AI alert, Zhongyuan Securities released a research report on May 6, giving Yanjin Puzi (002847.SZ) a rating of "buy". The main reasons for the rating include: 1) the proportion of direct KA channel sales is decreasing, while the proportion of distribution is increasing; 2) the proportion of revenue from spicy snacks, egg snacks, and dried fruit and nut snacks is expanding, reflecting the trend of snack consumption; 3) sales volume is growing, but the product structure is sinking; 4) the gross profit margin of products is decreasing; 5) various expense ratios are decreasing, and shareholder returns are being improved through cost control. (Daily Economic News)
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