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Every AI Express, Dongwu Securities published a research report on April 19th, giving Zhongcaoxiangliao (920016.SH) a "hold" rating. The main reasons for the rating include: 1) steady revenue growth, profit margins under short-term pressure due to multiple factors; 2) the leading position of the WS series of new coolants is stable, benefiting from the trend of traditional menthol alternatives; 3) the steady progress of the fundraising project, with a clear path of "self-supplied raw materials + capacity expansion + category expansion". (Daily Economic News)