Group 1 - The report highlights the frequent release of new products by companies like Xiaomi and Honor, emphasizing the importance of the domestic production process for new materials [5][6] - The Chinese government is supporting equipment upgrades in the petrochemical and chemical industries with a funding of 200 billion yuan, which is expected to accelerate the modernization of these sectors [5][6] - The introduction of new products, such as Xiaomi's first SUV and Honor's latest smartphones, is seen as a significant advancement in China's consumer electronics sector, potentially driving the domestic supply chain and high-end material development [6][9] Group 2 - The report indicates that the securities sector may experience upward momentum after a period of consolidation, with technical indicators showing positive trends [11][12] - The Shanghai Composite Index has shown resilience, maintaining above key moving averages despite recent fluctuations, suggesting potential for further gains [19][20] - The report notes that large capital inflows into the market indicate strong buying interest, which may support continued upward movement in the securities sector [15][19] Group 3 - The report tracks industry performance, noting that the petrochemical index has underperformed compared to the broader market, while the basic chemical index has outperformed [7][22] - Specific sub-sectors such as membrane materials and other plastic products have shown significant price increases, indicating strong demand and potential investment opportunities [7][22] - The report emphasizes the importance of selecting resilient and advantageous sectors within the chemical industry, particularly those benefiting from supply-side reforms and domestic production initiatives [9][10]

东海证券近日发布基础化工行业周报：在2024年9月工业和信息化部公布的《工业重点 行业领域设备更新和技术改造指南》(以下简称《指南》)中明确了设备更新的重点行业和领 域，涉及石化化工行业、电子元器件和电子材料行业、锂电池行业、光伏行业、石化通用装 备等。我们认为此举有助于石化化工等行业供给侧结构进一步优化，落后产能有望进一步出 清，头部企业具有资金和技术优势，有望优先受益。 以下为研究报告摘要： 投资要点： 本周重点新闻跟踪： 1）超长期特别国债资金支持陆续落地，石化化工等设备更新有望加速。6月26日，在国 家发展改革委6月份新闻发布会上，国家发展改革委政策研究室副主任、委新闻发言人李超 表示，设备更新方面，超长期特别国债资金支持力度为2000亿元，第1批约1730亿元资金已 按照"地方审核、国家复核"的原则，安排到16个领域约7500个项目，第2批资金正在同步开 展项目审核筛选。在2024年9月工业和信息化部公布的《工业重点行业领域设备更新和技术 改造指南》(以下简称《指南》)中明确了设备更新的重点行业和领域，涉及石化化工行业、 电子元器件和电子材料行业、锂电池行业、光伏行业、石化通用装备等。我们认为此举有 ...