开源证券给予华峰化学买入评级，业绩符合预期，氨纶等景气低迷更显公司成本优势

Group 1 - The core viewpoint of the report is that Huafeng Chemical (002064.SZ) is given a "buy" rating due to its strong Q2 performance and cost advantages in a challenging market environment [2] - Q2 performance exceeded expectations, highlighting the company's cost advantages amid a downturn in the spandex market [2] - The price spread of adipic acid increased quarter-on-quarter, while the spandex price spread remained stable, indicating the company's resilience at the bottom of the cycle [2] Group 2 - The spandex industry is facing severe oversupply, which may accelerate capacity clearance [2]