万联证券给予华利集团“增持”评级：新工厂运营逐步成熟+降本增效，Q3毛利率环比改善

Group 1 - The core viewpoint of the report is that Wanlian Securities has given Huali Group (300979.SZ) an "overweight" rating based on its performance and growth potential [1] - In the first three quarters, Huali Group's revenue increased by 6.67%, although net profit faced short-term pressure [1] - The new factory's operations are gradually maturing, and cost reduction and efficiency improvement initiatives are underway, leading to a quarter-on-quarter improvement in gross margin in Q3 [1]