20240809-南京证券-基础化工行业_宝丰新疆煤基新材料项目一次环评公示_6页_473kb

Nanjing Securities’ Industry Research Report on Chemical Industry

I. Market Overview

This week, the CSI Chemical Basic Industry Index experienced a significant decline of 100% but outperformed the CSI 300 Index by 0.56 percentage points. The refining and trading index dropped by 0.54%. Among sub-sector concepts, the lithium battery and semiconductor material indices saw sharp declines of -291% and -433%, while others also reflected negative performance. Positive performers included Qianwei Technology (+1288%), Gaozeng Minbao (+1170%), and others.

II. Product Price Movements

Raw material prices showed mixed results this week, with Vitamin A and E registering substantial increases. However, several chemicals, including liquid chlorine and MIBK, saw sharp price declines.

III. Key Industry Updates

✅ New major projects, such as the coal-to-chemical conversion project planned in Xinjiang, are advancing through environmental review processes.✅ Companies like Jinshiz资源 (Jinshi Resources) reported strong Q2 performance and major investments are planned in sectors like tires and renewable energy.

IV. Investment Strategy

Focusing on the following areas is recommended for investors:✅ Stable industries with solid financial performance.✅ Emerging opportunities in semiconductor materials.✅ Specific sectors including fluorine chemicals, tires, modern coal chemistry, and leading chemical enterprises. Specific stock recommendations include Senq麒麟 (Senqin), CalTire, Jinshi Resources, etc.- Based on the principle of dollar-cost averaging by acquiring at low prices.

V. Risk Disclaimers

Investors should remain vigilant due to potential risks:❌ Economic growth slower than expected.❌ Weak downstream demand.❌ Significant fluctuations in oil prices and chemical product costs.Disclaimer. The report does not constitute investment advice.SUBJECT TO IMPORTANT LEGAL DISCLOSURE.