新材料板块高景气度有望延续，新材料ETF国泰（159761）涨超2.4%

Group 1 - The new materials sector is expected to maintain high prosperity, with the Guotai New Materials ETF (159761) rising over 2.4% on February 25 [1] - The fluorochemical industry is facing supply quota constraints, while demand is benefiting from policy support, indicating sustained high prosperity [1] - By 2025, the quota for second-generation refrigerants will be further reduced, and the increase in third-generation refrigerant quotas will be limited year-on-year, leading to constrained supply certainty [1] Group 2 - Demand is expected to improve driven by national subsidies, with the household appliance national subsidy policy likely to continue into 2026 [1] - The Central Economic Work Conference has identified optimizing the implementation of "two new" policies as a key focus area [1] - Downstream demand from household appliances and automobiles is maintaining growth, entering a period of equipment renewal, supported by overseas capacity expansion and domestic maintenance and replacement needs [1] Group 3 - The Guotai New Materials ETF (159761) tracks the New Materials Index (H30597), which selects listed companies involved in advanced basic materials, key strategic materials, and cutting-edge new materials [1] - The index reflects the overall performance of listed companies related to the new materials industry [1]