According to CCTV news, a few days ago, eight departments in Heilongjiang Province jointly issued the "opinions on accelerating the Green Transformation of Express Packaging in Heilongjiang Province". By 2025, the field of express packaging will comprehensively establish regulations, standards and policy systems compatible with the green concept, and form a long-term governance mechanism throughout the whole chain of production, use, recycling and disposal of express packaging. E-commerce express basically no longer secondary packaging, large-scale application of recyclable express packaging, completely prohibit non-degradable plastic packaging.

Guolian Securities believes that after gradually realizing the harm of "microplastics" caused by plastic waste at home and abroad, and directly driven by the intensive domestic plastic ban policy, disposable plastic products such as plastic straws were concentrated off the shelves from the end of 2020 to the beginning of 2021. Then the performance deficiency of alternatives such as paper straws made the market determine and accept degradable plastics as the best substitute. The superimposed resonance of domestic and foreign policies and the advanced and extended layout of large multinational enterprises in response to policies have further promoted the blowout demand for biodegradable plastics.

Huachuang Securities pointed out that degradable plastics are emerging new plastic materials, molecular screening and mass production technology are in a period of rapid iteration, the more mature varieties are PLA, PBAT and starch-based plastics. At present, the cost of degradable plastics is still several times that of traditional plastics, but the demand is accelerated by the environmental protection policies of various countries, and the price of traditional plastics is more than double when the market is in short supply. At present, the comprehensive production capacity scale, the launch time of projects under construction, business coordination and the company's technology accumulation, etc., pay attention to Golden hair Technology, Jindan Technology, Tongcheng New Materials and Ruifeng High-tech.

Guohai Securities believes that China is a large country of plastic consumption, accounting for 15% of plastic consumption. under the high pressure of plastic pollution and the strong drive of policies, the replacement rate of degradable plastics is increasing year by year, and the market prospect of degradable plastics in China is broad. At present, more than 30 domestic companies have biodegradable plastic projects under construction or proposed, with a planned new production capacity of more than 10 million tons. Taking into account the company's performance status, future capacity planning and production time and other factors, recommend to pay attention to Wanhua Chemical, Hengli Petrochemical, Golden hair Technology, Jindan Technology, Ruifeng High Materials, Tongcheng New Materials, Dawn shares.