$LAOPU GOLD(06181)$ has achieved explosive growth through strong brand positioning, product innovation, and channel expansion, with its premium market positioning and traditional craftsmanship forming a solid competitive moat.
Over the next three years, it is unlikely to face any real competition. With gold $Gold - main 2504(GCmain)$ prices on an upward trend and the rise of "value-preserving consumption," along with an increase in consumer credit, Lao Pu Gold is well-positioned for sustained growth. A solid long-term investment!

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