Orient Securities Research Report points out that Rongsheng Petrochemical's mid-term performance has improved dramatically, and the industry is expected to enter a boom cycle. The first half of the year achieved net profit of 5.111 billion yuan, an increase of 748.84% over the previous year. After the conflict broke out, the profitability of chemical products also improved significantly, leading to a significant increase in the company's profits. It is believed that in the short term, the domestic refining and chemical boom will be boosted by “reducing gasoline and increasing fuel” and mobilizing domestic oil conversion component exports. In the medium to long term, global “oil conversion” investment has been severely curtailed, accelerating the recovery of the chemical industry boom. Finally, after the Middle East conflict is over, it is likely that the increase in crude oil supply will be significantly higher than the increase in refining energy, while lower oil prices will push the refinery chemical sector into a longer boom cycle. During the reporting period, the company announced plans to make strategic investments in advanced new materials projects in collaboration with the Saudi Basic Industries Corporation. SABIC is a major chemical materials company in Saudi Arabia, and has a number of technology, production and sales systems for high-end materials. The implementation of future cooperation projects with Rongsheng is expected to increase the added value of the company's products and open up a stage for more international development for the company. According to the 2026 comparable company's valuation of 15 times PE, the target price was 16.59 yuan, maintaining the “buy” rating.

Orient Securities Research Report points out that Rongsheng Petrochemical's mid-term performance has improved dramatically, and the industry is expected to enter a boom cycle. The first half of the year achieved net profit of 5.111 billion yuan, an increase of 748.84% over the previous year. After the conflict broke out, the profitability of chemical products also improved significantly, leading to a significant increase in the company's profits. It is believed that in the short term, the domestic refining and chemical boom will be boosted by “reducing gasoline and increasing fuel” and mobilizing domestic oil conversion component exports. In the medium to long term, global “oil conversion” investment has been severely curtailed, accelerating the recovery of the chemical industry boom. Finally, after the Middle East conflict is over, it is likely that the increase in crude oil supply will be significantly higher than the increase in refining energy, while lower oil prices will push the refinery chemical sector into a longer boom cycle. During the reporting period, the company announced plans to make strategic investments in advanced new materials projects in collaboration with the Saudi Basic Industries Corporation. SABIC is a major chemical materials company in Saudi Arabia, and has a number of technology, production and sales systems for high-end materials. The implementation of future cooperation projects with Rongsheng is expected to increase the added value of the company's products and open up a stage for more international development for the company. According to the 2026 comparable company's valuation of 15 times PE, the target price was 16.59 yuan, maintaining the “buy” rating.