CITIC Securities: The modified plastics industry is experiencing an uptrend in prosperity, focusing on three major investment directions.

CITIC Securities stated that under the drive of demand in emerging downstream sectors, the progress of high-end material technology, and the increase in penetration rate, the modified plastics industry is experiencing a prosperous trend. Focusing on the two main lines of increasing demand and product upgrades, we suggest paying attention to three major investment directions in the modified plastics industry: 1. Actively layout PEEK material to expand into the robotics sector; 2. In the field of computational base materials, it is recommended to focus on companies actively laying out PCB high-frequency high-speed resin materials; 3. In the direction of new technologies, it is recommended to focus on companies benefiting from the increase in incremental space brought by the progress of automotive material technology.