华源证券给予禾昌聚合“增持”评级，专注改性塑料粒子，“产能释放+PA布局+东南亚拓展”点燃增长引擎
Suzhou Hechang Polymeric Materials Suzhou Hechang Polymeric Materials (BJ:832089) Mei Ri Jing Ji Xin Wen·2025-12-20 05:41

Group 1 - The core viewpoint of the report is that Huachang Polymer (920089.SH) is rated as "Buy" due to the ongoing trends of "plastic replacing steel" and "plastic replacing wood," positioning China as the largest modified plastics market globally [1] - The company focuses on modified plastic particles and sheets, covering sectors such as automotive and home appliances [1] - Capacity release is expected to support the growth trajectory in the automotive sector, while the Southeast Asia expansion enriches the business dimensions [1]

Suzhou Hechang Polymeric Materials -华源证券给予禾昌聚合“增持”评级，专注改性塑料粒子，“产能释放+PA布局+东南亚拓展”点燃增长引擎 - Reportify