中邮证券给予英科再生“买入”评级：Q3利润表现靓丽，装饰建材持续高增

Group 1 - The core viewpoint of the report is that Zhongyou Securities has given a "Buy" rating to Yingke Recycling (688087.SH) based on its steady revenue growth and significant profit improvement in Q3 [1] - Q3 revenue showed steady growth, particularly in the decorative building materials sector, which continues to experience high growth [1] - Q3 profit has improved significantly year-on-year, attributed to better operational performance and benefits from financial management [1] - Financial expenses have increased noticeably, but cash flow in Q3 has improved compared to the previous year [1] Group 2 - Risks include the potential underperformance of overseas production capacity and exposure to exchange rate and tariff risks [1]