石化稳增长方案落地在即，聚焦石化ETF（159731）低位布局机会

Group 1 - The A-share market experienced a downward trend on September 23, with the China Securities Petrochemical Industry Index falling approximately 1.2%. Major stocks such as Jinhua Technology, Baofeng Energy, Yara International, and Tongcheng New Materials led the gains [1] - In 2023, to maintain reasonable industrial growth supporting the overall economy, the Ministry of Industry and Information Technology, along with multiple departments, launched a new round of ten key industries growth stabilization plan. The petrochemical industry is one of these key sectors, with a target of an average industrial added value growth rate of around 5% for 2023-2024 [1] - By 2024, the petrochemical and chemical industry (excluding oil and gas extraction) is expected to achieve a main business revenue of 15 trillion yuan, with ethylene production exceeding 50 million tons and fertilizer production (pure quantity) stabilizing around 5.5 million tons [1] Group 2 - The petrochemical ETF (159731) and its linked funds (017855/017856) closely track the China Securities Petrochemical Industry Index. According to the Shenwan secondary industry classification, the top three sectors in the index are refining and trading (27.12%), chemical products (23.87%), and agricultural chemical products (19.75%), which are expected to benefit from policies aimed at reducing competition, restructuring, and eliminating outdated production capacity [2]