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Every AI Express, Minsheng Securities released a research report on August 27th, giving a recommendation rating to Phillhua (300395.SZ). The main reasons for the rating include: 1) The net profit attributable to mothers in 2Q2025 increased by 23% year-on-year; the profit capability in 1H2025 improved significantly; 2) Zhongyi Technology is growing rapidly; revenue from quartz electronic cloth is 13.12 million yuan; 3) The expense ratio decreased compared with the same period last year; operating cash flow improved significantly. (Daily Economic News)