华安证券给予恒力石化买入评级，检修和油价波动影响业绩，高分红注入市场信心

Group 1 - The core viewpoint of the report is that Huatai Securities has given a "buy" rating for Hengli Petrochemical (600346.SH) based on several positive factors [1] - Q2 showed an improvement in gross margin, although maintenance activities impacted production and sales volumes [1] - The company is leveraging platform cost advantages, leading to the successful development of new material projects [1] - Hengli Petrochemical maintains a high dividend policy, actively rewarding shareholders and positioning itself as a value-oriented "growth + return" listed company [1] Group 2 - The report highlights potential risks including significant fluctuations in crude oil and coal prices, project construction not meeting expectations, force majeure events, and macroeconomic downturns [1]