Guojin Securities: TDI industry encounters force majeure again, profit repair and improvement appear at home and abroad.

Guojin Securities research report believes that TDI was previously affected by supply pressure, resulting in relatively poor product profitability, and the company was not profitable in a certain stage. This time, overseas force majeure events are combined with the impact of domestic concentrated maintenance, resulting in profit recovery and improvement both domestically and internationally. This will drive the profitability of related companies to rebound, and it is recommended to pay attention to Wanhua Chemical and others.