机械设备行业：原材料产业标准提升引领设备市场发展

Investment Rating - The industry rating is Neutral (maintained) [3] Core Insights - The report emphasizes that the standard enhancement in the raw materials industry will drive the upgrade of equipment in sectors such as petrochemicals, steel, non-ferrous metals, and building materials, which collectively account for nearly 30% of industrial added value [2][3] - The report highlights that the digital transformation standards will accelerate the development of intelligent manufacturing equipment in the raw materials sector, focusing on areas such as artificial intelligence integration and smart factory standards [2] - The establishment of advanced material standards is expected to broaden downstream demand for manufacturing equipment, particularly in high-performance and strategic materials [2] Summary by Sections - Recent Industry Performance: The report notes a relative return of 4.47% over one month, 14.18% over three months, and a decline of 7.55% over twelve months compared to the CSI 300 index [2] - Investment Highlights: The report suggests focusing on listed companies involved in the key areas mentioned, particularly those related to the equipment industry that aligns with the new standards and digital transformation initiatives [2] - Policy Impact: The report discusses the recent action plan released by various ministries aimed at optimizing the standard system in the raw materials industry, which is expected to lead to the elimination of outdated production capacity and promote high-end, intelligent, and green manufacturing equipment [2]