The fiberglass sector of the stock market continues to strengthen! What are the factors for the daily limit?

On June 4, the fiberglass sector of the stock market continued to strengthen! Shandong Fiberglass and Honghe Technology hit the daily limit! Yesterday we analyzed the reasons for Shandong Fiberglass's daily limit, and today we will analyze Honghe Technology.
The possible factors for Honghe Technology's daily limit are:
1) The performance continued to grow at a high rate, with a year-on-year increase of 482.59% in the first quarter of 2025, and successfully turned losses into profits in 2024, with significant improvement in operating cash flow;
2) The buy rating of brokerage research reports boosted market confidence. Guolian Minsheng Securities affirmed the company's recovery in demand for electronic cloth and its independent controllable ability in the industrial chain, and made optimistic forecasts for future profits;
3) The company completed the integrated layout of electronic yarn/cloth, and its products entered the supply chain of smartphones such as Huawei, superimposed on the industry-level glass fiber sector's increased activity;
4) The annual shareholders' meeting has been successfully held, strengthening investors' attention to the company's governance and long-term development.