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Every AI Express, Minsheng Securities released a research report on August 29, giving Fudan Microelectronics (688385.SH) a recommended rating. The reasons for the rating include: 1) The revenue in the first half of 2025 has increased, but the performance has declined due to the increase in inventory impairment provisions; 2) The high reliability industry demand is good, and the FPGA product line revenue is high. (Daily Economic News)