华源证券给予太湖雪“增持”评级，品牌建设和渠道变革成效显著

Group 1 - The core viewpoint of the article is that Huayuan Securities has given a "Buy" rating to Taihu Snow (920262.SH) based on its strong sales ecosystem and brand strength [1] Group 2 - The company has built an integrated online and offline sales ecosystem, with live e-commerce platforms becoming a significant growth engine [1] - Taihu Snow has maintained the number one position in national sales for silk specialty brands for six consecutive years, focusing on brand momentum [1]