Per AI Express, China Galaxy released a research report on February 17, giving the chemical industry a recommended rating.

The wave of AI is accelerating, and the chemical industry is embracing opportunities and changes. Recently, DeepSeek has broken the path dependence of the global AI industry for a long time on "heap computing power", and the combination of "low-cost + open-source route" has greatly lowered the threshold for AI application, which is expected to stimulate the wave of AI innovation in the whole society and accelerate the popularization and application of AI in all walks of life. In our view, the impact of the AI shockwave caused by DeepSeek on the chemical industry is expected to be mainly reflected in the following two aspects. First, the accelerated development of the AI industry will give rise to the demand momentum for high-end chemical new materials and accelerate the pace of domestic substitution of related materials. Second, AI will empower the entire chemical industry chain and improve the operational efficiency of all links, especially at the R&D and operation ends.

AI accelerates the domestic substitution of high-end chemical new materials. Although the chemical industry is not the main body of initial research and development of AI technology, high-end chemical new materials companies can provide key raw material support for equipment in the AI industry chain, such as computing power and application. AI computing power: 1) Coolant: AI technology drives the upgrading of computing power and triggers the construction of data centers, and fluorinated liquid is an ideal immersion liquid cooling system coolant, which can effectively reduce the energy consumption of data center cooling systems, and has broad application prospects under the background of "double carbon". 2) PPO: The growth of AI computing power and the PCIe 5.0 upgrade will drive the demand for high-frequency PCBs, which in turn will increase the demand for high-performance resins. AI applications: 1) PEEK: PEEK has excellent specific strength, dielectric constant, and chemical resistance, and is expected to become a key lightweight solution for humanoid robots. GGI predicts that the global sales of humanoid robots in 2030 will be 605,700 units, corresponding to a CAGR of 92.51% from 2024 to 2030. 2) COC/COP: COC/COP has significant advantages such as low bifold, excellent heat resistance, and ultra-low water absorption, and as an AR/VR optical lens, it can effectively realize the thinning of AR/VR devices and provide beneficial optical performance. With the rapid development of AR/VR and the breakthrough of domestic COC/COP industrialization, the domestic alternative space for COC/COP is expected to gradually open. 3) PI: AI technology is expected to accelerate the upgrading of end products such as consumer electronics, and lead the high-end and diversified development of PI films. Local enterprises are accelerating independent research and development, breaking the overseas monopoly of high-performance PI film, and it is time for domestic substitution.

AI empowers the chemical industry to develop by leaps and bounds. In recent years, in order to break through bottlenecks and achieve high-quality development, chemical companies have actively seized new windows and opportunities for the development of AI technology, and integrated AI technology into all aspects of innovative R&D, production and operation. In terms of innovative R&D, the integration of AI technology has triggered a transformation of the paradigm of basic chemical research from the traditional "experiment-theory-practice" to the "data-model-practice" model, which will help greatly shorten the product R&D cycle, reduce R&D costs, and accelerate the industrialization of new materials. In terms of production and operation, AI technology can intelligently transform and upgrade chemical plants in multiple dimensions such as intelligent control, intelligent production, and intelligent operation, which can effectively help chemical enterprises optimize resource allocation, improve production efficiency and safe operation capabilities. AI technology has gradually changed the R&D, production mode and industrial form of chemical industry, laying a good foundation for the chemical industry to enhance its independent innovation capabilities, optimize the layout of its industrial structure, and develop safely, greenly and efficiently. In the long run, AI technology has broad application prospects in the chemical industry, and leading enterprises in various segments are expected to play a leading and exemplary role, and further consolidate their influence and competitiveness in industrial transformation.

Investment suggestion: Under the shock wave of DeepSeek, the AI industry chain is expected to accelerate its development, and high-end new chemical material manufacturers are expected to enjoy the dual benefits of terminal demand growth and the acceleration of the domestic substitution process. It is recommended to pay attention to Juhua shares (600160. SH), Capchem (300037.SZ), Yonghe (605020. SH), Shengquan Group (605589. SH), Zhongyan Co., Ltd. (688716. SH), Acrylic (603722. SH), Kingfa Technology (600143. SH), Ruihuatai (688323. SH) and so on.

Risk warning: the risk of a sharp rise in raw material prices, the risk that downstream demand is less than expected, the risk that the project production is less than expected, and the risk of intensifying international trade frictions.

Every time the headlines (nbdtoutiao) - after Musk exposed social security fraud, problems were also found in the US employment data! The official record of 299 revisions in the past 25 years shows that the extreme overestimation is mostly in the election year, and the extreme underestimation is mostly in the president's first year in office

(Reporter Wang Xiaobo).

Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Do so at your own risk.