Stock Hong Kong Concept Tracking | Sinopec launches special action to increase market value. Citic Securities predicts that the inflection point of the chemical industry cycle is expected to come (including concept stocks)

On December 16th, the China Petroleum & Chemical Corporation Group's first listed company investor joint exchange event was held in Beijing. At the event, the China Petroleum & Chemical Corporation listed company market value enhancement special action was launched. Cai Yong, member of the Party Group and Chief Accountant of Petrochina Chemical Group Co., Ltd., stated that the special action aims to enhance investment value and strengthen shareholder returns. It mainly includes three aspects: 1. Continuously enhance governance efficiency, strengthen the management of listed companies, continuously improve the normalized management system of listed companies, focus on strategic development positioning planning, capital operation and market value management, and talent team construction in the capital market, promote the implementation of the long-term management mechanism of China Petroleum & Chemical Corporation listed companies; 2. Continuously improve the return system, share the results of development, strive to improve the quality of information disclosure, continuously strengthen investor relations management, continue to adhere to stable, predictable cash dividend policies, carry out repurchases and increases steadily, and steadily enhance returns to all shareholders; 3. Continuously optimize the capital layout, release the value of sectors, continue to carry out mergers and acquisitions, restructuring, equity financing and other capital operations, optimize the structure of listed companies while adjusting the industrial layout, help the industrial chain move towards high-end and refinement, and strive to continuously increase the overall market value of listed companies during the "15th Five-Year Plan" period. The event was attended by executives of 9 listed companies under China Petroleum & Chemical Corporation Group, including China Petroleum & Chemical Corporation, Sinopec Oilfield Service Corporation, SINOPEC SEG, Sinopec Shanghai Petrochemical, Sinopec Oilfield Equipment Corporation, SINOPEC KANTONS, SINOPEC Shandong Taishan Petroleum, Yueyang Xingchang Petro-chemical, Sichuan Meifeng Chemical Industry. Representatives from state-owned securities regulatory agencies, central enterprises, industry partners, securities financial fund institutions, and other units attended the event. CICC released a outlook for 2026, stating that the downturn in the petrochemical industry has lasted for about 3.5 years. With the continuous decline in industry capital expenditures and the acceleration of overseas outdated capacity exit, the report believes that industry capacity will enter a period of low growth. At the same time, the anti-internal competition driven mainly by industry self-discipline has also accelerated the repair of profitability of related products. With the continuous accumulation of favorable factors on the supply side and the rapid growth of demand in new energy and other fields, CICC expects the turning point in the chemical industry cycle to come. Chemical-related industries in Hong Kong: China Petroleum & Chemical Corporation (00386), Sinopec Oilfield Service Corporation (01033), SINOPEC SEG (02386), Sinopec Shanghai Petrochemical (00338), SINOPEC KANTONS (00934), CHINA SANJIANG (02198), WUHAN YOUJI (02881), etc.