CITIC Securities: In the peak season, prices are steadily increasing, and the leading fiberglass companies are benefiting from both quantity and profit with high elasticity.

CITIC Securities research report stated that leading fiberglass companies in China, such as Jushi Group, Taishan Fiberglass, International Composites, and Changhao Stock, have issued a price adjustment letter for their main products, with the landing amplitude of price adjustments for high-end products potentially higher. Since the peak season in September, the industry's supply and demand situation has improved, with a continued strong demand for high-end products. At the same time, due to rising production costs and operational pressures from overseas tariffs, fiberglass companies are strengthening anti-internal competition synergy, pushing for price adjustments to improve profitability. The current round of price adjustments for coarse yarn and electronic yarn is progressing in an orderly manner, and is expected to effectively pass down to downstream industries with some sustainability. In this trend, leading companies with comprehensive advantages in high-end product structure, production costs, and market layout will have a higher degree of flexibility in benefiting from the price adjustments, making the prospect of improved annual performance more promising.