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Brand Concepts bulk deal: Ashish Kacholia exits microcap as stock price erodes 36% in a year

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Brand Concepts bulk deal: Ashish Kacholia exits microcap as stock price erodes 36% in a year
Ace investor Ashish Kacholia on Monday sold his entire stake in Brand Concepts via a bulk deal valued at Rs 3.9 crore. The shares were purchased by Suryavanshi Commotrade Private Limited, a Kolkata-based unlisted commodity trading and financial services firm.

Brand Concepts is a fashion retail company, specialising in curating travel gear, handbags and lifestyle accessories.

Kacholia offloaded nearly 1.8 lakh shares in the company that represented 1.44% equity. The shares were sold at a price of Rs 217 apiece, which was at a 5% discount over the Friday closing price of Rs 228.90 on the BSE.

The stock today ended at Rs 215.50, falling, by Rs 13.40, down 6% from the previous close.

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Also read: BEW Engineering bulk deal: Ashish Kacholia exits SME company as stock slumps 44% in a year


Kacholia’s stake sale comes following a significant underperformance in the microcap counter. It has plunged 36% over a one-year period amid continued weakness in the overall smallcap segment. It has slipped below its 50-day and 200-day simple moving averages (SMAs) of Rs 271 and Rs 315, respectively, according to Trendlyne data.
Company’s current market capitalization stands at Rs 269 crore.Kacholia, fondly called the ‘Big Whale’ has investments in at least 50 stocks as per the public shareholding data. The net worth of his portfolio is Rs 2,420 crore according to Trendlyne. Some of his portfolio stocks include Shaily Engineering, Xpro, Safari Industries, Balu Forge, Faze Three, Brand Concepts, Stove Kraft and Aeroflex Industries.

Kacholia has made his latest bet on a smallcap dry fruit company Aelea Commodities, buying over 7.73 lakh shares via a bulk deal on Friday. The deal was valued at Rs 9.3 crore. The shares were purchased from Suryavanshi Commotrade Private Limited, which exited by selling its entire stake at a price of Rs 120.50 per share.

Kacholia’s bought these shares following a significant erosion in its price. The microcap counter has plunged 36% over a one-year period. The stock is down 21% in 2026 so far.

Read more: Aelea Commodities bulk deal: Ashish Kacholia bets Rs 9.3 crore on a microcap that is down 36% in a year

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(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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How Capital Scaling Models Support Trader Development

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Traders brace for inflation data and public finance update as long-term government debt hits levels last seen in 1998

Most traders don’t stall because they can’t find another indicator. They stall because their learning environment is poorly designed.

The feedback loop is either too punishing (one mistake wipes out weeks of progress) or too forgiving (tiny position sizes hide real execution problems). In both cases, growth slows, confidence becomes fragile, and decisions start to feel heavier than they should.

Capital scaling models—where the amount of capital you’re allowed to trade grows as you demonstrate competence—solve a surprisingly large part of that problem. Not because “more capital” magically makes you better, but because structured scaling creates a curriculum. It turns trading into a series of manageable stages, each with clearer expectations, risk constraints, and performance standards. If you’ve ever improved quickly in a sport, music, or a technical role, you already understand the principle: progression works when the next level is earned, not guessed.

Below is how capital scaling, done properly, supports trader development in a way that’s practical, measurable, and psychologically sustainable.

Capital scaling: more than “bigger size”

Capital scaling is often described as a simple idea: trade well, get more capital. But the real value is the framework around how “trade well” is defined and how capital is increased.

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A good scaling model typically does three things:

  1. Sets guardrails (drawdown limits, daily loss limits, concentration rules).
  2. Defines performance quality (consistency, adherence to a plan, not just raw profit).
  3. Introduces size progressively so traders adapt to execution and emotional pressure in stages.

That last point matters more than most people expect. A trader who is calm risking $50 per trade might behave very differently at $500—even with the exact same strategy. Scaling lets you develop capacity (emotional and operational) alongside skill.

Why this structure accelerates learning

When scaling is staged, it improves the trading feedback loop:

  • You get enough exposure to generate statistically meaningful results.
  • You’re not forced to “swing for the fences” to make the effort worthwhile.
  • Mistakes are survivable, which keeps you in the game long enough to correct them.

This is why many traders look for environments where scaling is formalized rather than improvised. For instance, a funded trader program with capital scaling can act as a structured progression path: start with defined limits, prove consistency, then earn higher allocations under similar rules. Whether you use a program like that or build your own scaling plan, the developmental mechanism is the same—graduated responsibility.

How scaling models build the skills traders actually need

Scaling models are often discussed in terms of opportunity, but their best contribution is education. They make the “hidden curriculum” of trading unavoidable.

Risk discipline becomes non-negotiable

Plenty of traders say they manage risk; fewer can do it on a random Tuesday after two losing trades. Scaling models make risk the entry ticket to growth. When the next level is tied to drawdown control, you stop treating risk rules as “nice ideas” and start treating them as professional standards.

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This pushes development toward repeatable behaviors:

  • Position sizing that’s consistent and pre-defined
  • Stops that are placed for structural reasons, not emotional ones
  • A clear understanding of worst-case scenarios before entering

You learn to think in process, not outcomes

One of the most damaging habits in early trading is over-valuing single-trade outcomes. Scaling models, when designed well, reward series performance—a month of solid execution rather than a lucky week.

Many firms and serious personal plans use criteria like:

  • Maximum drawdown relative to gains
  • Number of trading days (to discourage “one-hit wonder” runs)
  • Consistency bands (avoiding one day generating most of the profits)

Here’s the key: these constraints nudge you toward building a process that can survive changing market conditions.

Execution quality improves under real constraints

Small accounts and tiny size can mask execution problems. Slippage feels irrelevant. Partial fills don’t matter. You can enter late and still “get away with it.”

As size scales, micro-inefficiencies become expensive. Traders are forced to clean up:

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  • entry timing and order types (market vs limit vs stop-limit)
  • liquidity awareness (especially around news, open/close, rollovers)
  • overtrading and churn costs (spreads/commissions add up fast)

Scaling is the point where trading starts to look less like theory and more like operating a real business.

What to measure: the metrics that drive sustainable scaling

Scaling works best when it’s tied to a small set of metrics that capture both profitability and robustness. Too many metrics create noise; too few invite loopholes. The most useful scorecards typically focus on a blend of outcome and behavior.

A practical set of scaling-aligned metrics might include:

  • Max drawdown (absolute and relative to net profit)
  • Profit factor (quality of returns, not just direction)
  • Average loss vs average win (edge durability)
  • Risk per trade consistency (tight dispersion beats “all over the map” sizing)
  • Rule adherence rate (did you take only A+ setups, or did boredom win?)

Use these as a dashboard, not a judgment tool. The goal is to identify which lever improves your results without increasing fragility.

How traders can use scaling models to develop faster (even independently)

You don’t need a formal program to benefit from scaling principles. You can implement them in your own trading by treating capital increases like promotions: earned, documented, and reversible.

Build your “next tier” requirements

Decide in advance what qualifies you to increase size. Common examples: 20–40 trading days, a capped drawdown, and a minimum consistency threshold (e.g., no single day contributes more than X% of total gains).

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The important part is that you write the rules before you’re tempted to break them.

Scale in risk units, not in dollars

Instead of doubling your position size because you had a good month, scale by modest increments in your fixed risk unit (for example, +10–20% risk per trade) while keeping the same setup quality threshold. This reduces the chance that your psychology outruns your method.

Rehearse the operational shift

When size increases, your trading “plumbing” matters more. Before scaling up, stress-test your execution:

  • Do you know how your instrument behaves in fast markets?
  • Have you tested your platform under volatility?
  • Are you tracking costs and slippage, not just P&L?

Treat it like a pilot moving from a simulator to a real cockpit: the checklist becomes part of the craft.

Common scaling mistakes (and how to avoid them)

Scaling can backfire when traders treat a higher allocation like a trophy rather than a responsibility.

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Mistake 1: Changing the strategy after scaling.
A new size tier is not the time to experiment. Keep the same setups that earned the scale-up; only refine after you stabilize.

Mistake 2: Letting confidence turn into looseness.
Traders often interpret a scale-up as proof they’re “past” discipline. In reality, this is where discipline finally starts paying rent.

Mistake 3: Ignoring market fit.
Some strategies don’t scale well in certain products or sessions due to liquidity. If slippage rises faster than expected, you may need to adjust instruments or execution tactics—not abandon the whole approach.

The real advantage: a professional growth path

Capital scaling models support trader development because they create a structured ladder: clear requirements, controlled risk, and progressive exposure to pressure. They reward the habits that keep traders in business—consistency, restraint, and thoughtful execution—while still allowing ambition to compound.

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If your current trading feels like random progress followed by random setbacks, consider this: it might not be your ability that’s inconsistent. It might be your environment. A well-designed scaling plan—whether self-imposed or provided through a formal structure—turns improvement into something you can actually repeat.

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Ault Milton C III buys Universal Safety Products (UUU) stock worth $147k

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Ault Milton C III buys Universal Safety Products (UUU) stock worth $147k

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Bionano Genomics, Inc. (BNGO) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good day, and welcome to the Bionano Fourth Quarter and Full Year 2025 Earnings Conference Call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Webb Campbell from Gilmartin Group. Please go ahead.

Unknown Attendee

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Thank you, Carmen, and good afternoon, everyone. Welcome to Bionano’s Fourth Quarter and Full Year 2025 Financial Results Conference Call. On the call today is Dr. Erik Holmlin, CEO and Principal Financial Officer of Bionano and Mark Adamchak, Bionano’s Vice President of Accounting and Principal Accounting Officer.

After market closed today, Bionano issued a press release announcing its financial results for the fourth quarter and full year 2025. A copy of the press release can be found on the Investor Relations page of the company’s websites.

Certain statements made during this conference call may be forward-looking statements. Actual results may differ materially from such statements due to several factors and risks, some of which are identified in Bionano’s press release and Bionano’s report filed with the SEC.

These forward-looking statements are based on information available to Bionano today, March 23, 2026, and the company assumes no obligation to update statements as circumstances change. During our call, we may reference certain non-GAAP financial measures, which we believe provide useful information for investors. Reconciliations of these measures to GAAP can be found in our press release and slide deck. An audio recording and webcast replay of today’s conference call will also be available online on the Investor Relations page of the company’s website.

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Gilead boosts immunology pipeline with over $2 billion buyout of Ouro Medicines

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Gilead boosts immunology pipeline with over $2 billion buyout of Ouro Medicines


Gilead boosts immunology pipeline with over $2 billion buyout of Ouro Medicines

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Turning a Simple Idea Into Scale

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Turning a Simple Idea Into Scale

A Business Built on a Simple IdeaSome businesses grow by chasing trends. Others grow by staying focused on one clear idea.Omaha Beef and Seafood belongs to the second group.The Fremont, Nebraska–based company has spent decades building a national presence in the protein wholesale market. Today it operates in major regions like the Northeast and the Pacific Northwest. But the company’s path began with a straightforward goal.“We believed that if you focus on quality and treat customers well, the business will grow naturally,” the founders say.That belief shaped every decision that followed.The founders did not set out to create a complicated system. They wanted to build a company that delivered consistent products and dependable service.“Our philosophy was simple,” they explain. “Let the product speak for itself.”

Early Career Lessons From Hospitality

Before launching Omaha Beef and Seafood, the founders worked in hospitality.That experience shaped how they approached business.In hospitality, success depends on how people feel about the service they receive. A meal is not just about food. It is about trust and experience.“Hospitality teaches you something quickly,” they say. “Your job is to make the client happy.”Those early lessons carried into the company’s culture.The founders understood that a food company cannot rely only on product. The relationship with the customer matters just as much.“We always looked at it from the customer’s perspective,” they say. “If we were buying this product, what would we expect?”That mindset became the foundation for Omaha Beef and Seafood’s long-term growth.

Why Omaha Beef and Seafood Focused on Quality

One of the company’s earliest big ideas was to focus heavily on product quality.The founders believed that strong standards would create lasting trust.“We decided early that we would only distribute beef that met the standards we believed in,” they say.That meant sourcing, cutting, and packaging steaks in the United States.“When it comes to beef, we believe American-made matters,” they explain. “We wanted customers to know exactly where their product came from.”Another important decision was aging the beef.Omaha Beef and Seafood distributes USDA-inspected beef aged for 28 days. The aging process improves flavor and tenderness.“Twenty-eight days gives the beef time to develop,” the founders say. “That’s when the texture and taste really reach their best point.”Over time, these choices helped shape the company’s reputation.Consistency became part of the brand.

Building a National Wholesale Business

Growth did not happen overnight.Like many long-running businesses, Omaha Beef and Seafood expanded gradually.The company began building strong customer relationships in regional markets. Over time, those relationships helped open doors in larger territories.Today, the company operates in major markets across the Northeast and the Pacific Northwest.Even with that reach, the founders kept the structure of the company simple.Omaha Beef and Seafood remains owner-operated, with the founders still involved in the day-to-day business.“We never wanted to lose the hands-on approach,” they say. “If you stay close to the operation, you stay close to the customer.”That level of involvement helped maintain the standards the company was built on.

A Different Approach to Marketing

One of the more unusual aspects of Omaha Beef and Seafood is what the company does not do.There are no membership fees.Customers are not placed into recurring contracts.And the company avoids large-scale marketing campaigns.“We don’t lock clients into subscriptions,” the founders say. “People should buy because they want the product.”The founders also made a deliberate decision to avoid aggressive outreach strategies.“We’re not going to bombard people with emails or mass mailings,” they explain.Instead, the company relies on reputation.“We believe if the product is good and the service is solid, people will tell their friends.”That word-of-mouth approach has been a steady driver of growth.

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Standing Behind the Product

Another idea that shaped the business was accountability.Omaha Beef and Seafood offers a one-year product guarantee that covers taste, tenderness, and freezer burn.If a product does not meet expectations, the company replaces unused items.“We believe in standing behind what we sell,” the founders say. “If something isn’t right, we want to make it right.”The founders view this policy as part of the company’s culture.“When you believe in your product, you shouldn’t hesitate to support it,” they say.The guarantee reinforces the trust the company has worked to build.

Lessons From Decades in the Industry

After decades in business, the founders see their career less as a series of big moments and more as a pattern of consistent decisions.Their approach has always been grounded in fundamentals.Quality products.Reliable service.And honest relationships with customers.“We never tried to reinvent the industry,” they say. “We focused on doing the basics well.”That focus helped Omaha Beef and Seafood grow into one of the largest wholesalers of pre-packaged gourmet proteins in its category.Looking back, the founders say their biggest lesson is simple.“Big ideas don’t have to be complicated,” they explain. “Sometimes the best idea is doing the simple things the right way for a long time.”

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VERBUND AG 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:OEZVY) 2026-03-23

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Katy Perry Faces Fan Backlash Over ‘Tone-Deaf’ Response While Balancing High-Profile Romance

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Beyonce has won the most Grammys of anyone in history, but can she finally take home the top prize that has eluded her?

Pop superstar Katy Perry drew sharp criticism in March 2026 after a social media exchange with a struggling fan went viral, accusing the singer of being out of touch amid her ongoing European festival tour preparations and a blossoming romance with former Canadian Prime Minister Justin Trudeau.

Pop star Katy Perry said she hoped her trip to space will inspire her daughter
AFP

The controversy erupted when a fan posted on X about financial hardship, saying they were considering selling a concert ticket to “survive” and “couldn’t afford to live right now.” Perry replied, “But I am looking forward to seeing you,” a response many deemed insensitive. Social media users quickly branded it “tone-deaf” and “grim,” with comments like “God, you are so out of touch” flooding replies. Outlets including Daily Mail and Yahoo News amplified the backlash, noting the 41-year-old’s massive platform—over 413 million followers—heightened expectations for empathy.

Perry has not publicly addressed the incident directly, but sources close to her camp described it as an attempt at encouragement that missed the mark. The exchange came during a quieter period for the “Firework” singer, who wrapped the main leg of her Lifetimes Tour in late 2025 following the release of her album “143” and its hits like “Lifetimes” and “Woman’s World.”

Despite the criticism, Perry’s career momentum continues with confirmed 2026 performances. Her official website lists summer festival headline slots across Europe and beyond, including Rock in Rio Lisboa on June 20, Werchter Boutique in Belgium on June 27, Depot Live at Cardiff Castle in Wales on June 30, and Lucca Summer Festival in Italy on July 25. Additional dates feature Festival O Son Do Camiño in Santiago de Compostela, Spain, on June 18, and Luxembourg Open Air on July 14. Fans have snapped up tickets, with promoters highlighting her return to major stages after a globe-trotting 2025.

The tour extensions follow a whirlwind year that included a high-profile space trip with Blue Origin and viral moments, as recapped in Perry’s end-of-2025 TikTok video. Insiders suggest she’s eyeing new music to coincide with these shows, with rumors swirling about an unreleased track titled “Watch It Burn.” A March video from a shoot showed Perry engulfed in controlled flames for the purported music video, sparking brief fan concern before the stunt’s safety was clarified. While no official release date has been confirmed, speculation points to fresh material potentially dropping ahead of summer festivals.

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On the personal front, Perry’s relationship with Justin Trudeau has deepened, drawing significant attention. The pair, first linked romantically in mid-2025 and made Instagram official in December, appeared together at the World Economic Forum in Davos, Switzerland, in January 2026. Perry traded her signature whimsical style for conservative chic, walking hand-in-hand with Trudeau and sitting front row during sessions. Recent Instagram posts from March show intimate moments, including a 16-picture slideshow captioned “You are the treasure you seek,” featuring quality time with Trudeau and her 5-year-old daughter Daisy Dove Bloom.

Trudeau’s son Xavier has spoken positively about Perry, sharing details of their interactions in interviews. Sources describe the couple as “much more serious” in 2026, with reports of joint travel and family blending. A December 2025 family outing to “Paddington: The Musical” in London included ex-fiancé Orlando Bloom and his son Flynn, highlighting amicable co-parenting post their June 2025 split after nine years together.

The romance has fueled speculation about future collaborations, with unconfirmed reports suggesting Perry and Trudeau are brainstorming joint projects for later in the year. Amid career hiatus rumors, Perry maintains an active social presence, sharing glimpses of her life and occasional music teases.

Earlier legal news lingers: In March, Australia’s High Court ruled against Perry in a long-running trademark dispute with Sydney designer Katie Taylor over the “Katie Perry” clothing label. The decision upheld Taylor’s rights after years of appeals, though Perry’s team has downplayed its impact on her brand.

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As Perry gears up for her 2026 festival run, the fan backlash serves as a reminder of the scrutiny celebrities face in digital spaces. Supporters argue the comment was well-intentioned, while critics call for greater awareness. With new dates selling briskly and her personal life thriving, Perry appears poised for a vibrant summer, even as she navigates public perception.

The coming months will test whether fresh music and stage energy can reclaim the spotlight amid ongoing conversations. For now, Perry remains a pop culture fixture, blending high-octane performances with evolving personal chapters.

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Apple co-founder Steve Wozniak says he is not a fan of AI

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Apple co-founder Steve Wozniak says he is not a fan of AI

Apple co-founder Steve Wozniak is raising concerns about artificial intelligence as the technology becomes more embedded in everyday life, warning that it may not yet deliver the reliability and human understanding people expect.

Steve Wozniak joined FOX Business’ Liz Claman on “The Claman Countdown” to discuss how AI is evolving and where he believes it falls short despite rapid advancements across the tech industry.

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Wozniak, who helped build Apple’s earliest computers and shape the personal computing revolution, framed his skepticism around the importance of human thinking and emotional awareness, arguing that technology should reflect genuine understanding rather than just well-written responses.

“I want to know some human being like myself is thinking, knowing what I might feel, and understanding emotions and all that,” Wozniak said.

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APPLE UNVEILS LOWER COST IPHONE 17E, RAISES PRICES ON MACBOOKS

Apple co-founder Steve Wozniak.

Apple co-founder Steve Wozniak speaking at a conference. (Luis Ortiz/LatinContent / Getty Images)

Drawing from his own experience testing AI tools, Wozniak said the systems often fail to answer questions directly, instead offering broad or unrelated information that misses the user’s true need.

“I want such reliable content every time. I am not a fan of AI,” Wozniak said.

NEW EMOJIS COMING TO APPLE IPHONES IN LATEST UPDATE

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His remarks also touched on the broader impact of technology on human behavior, suggesting that growing dependence on automated systems could change how people process information and solve problems.

“You become dependent on it,” Wozniak said.

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Diaz Manuel A. sells OUTFRONT Media (OUT) shares for $303,528

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Diaz Manuel A. sells OUTFRONT Media (OUT) shares for $303,528

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XPeng: Margin Inflection Point Reached

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XPeng: Margin Inflection Point Reached

XPeng: Margin Inflection Point Reached

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