经济日报记者 宋美倩 日前，记者来到位于河北省廊坊市大城县留各庄镇的大城绝热节能材料产业基地，多家企业正在如 火如荼地生产。记者了解到，当地170余家企业直接带动3.2万余人就业。 目前，廊坊产业园区健康发展：固安县设立航空航天专业体验区，汇聚136家相关企业，涵盖航天 研发、零部件制造等领域，年产值超50亿元；香河县打造机器人小镇，吸引北京150多家疏解企业落 户，年产值达21亿元；三河市建设大健康产业园，集聚生物制药、医疗器械、医疗健康服务等企业782 家，年营业收入已突破50亿元。 智改数转上档次 在霸州市胜芳镇伊曼双新家具有限公司生产车间内，中央除尘设备持续运转，整条生产线异常洁 净。"我们投入1500万元用于数字化转型，对生产设备和软件系统进行了全面升级。"公司生产厂长王晓 雯对各个环节的变化如数家珍，"生产环节引进了大型封边机、数据加工中心、镂铣机、焊接机器人、 数控裁床等先进设备，设计和管理环节实现了工艺与业务的数字化，生产效率大幅提升。" 近年来，廊坊市大力推进特色产业集群数字化、智能化转型升级，推动产业向高端化、智能化、绿 色化发展。全市已建设重点实验室、技术创新中心等各类科技研发平台103 ...

廊坊振华全京申汽车零部件有限公司的工人，正与自动化焊接机器人协同完成对汽车零件的拼焊工作。 每天上午10时左右，永清县云裳小镇服饰广场便迎来客流高峰，成千上万的顾客汇聚于此，热火朝天的交易 场景令人印象深刻。 云裳小镇总裁赵晓东向记者介绍，该小镇是廊坊市为承接北京非首都功能疏解而规划建设的服饰产业基地， 占地面积410亩。自2016年启动建设以来，累计完成投资51亿元，总建筑面积达62万平方米。近年来，云裳小 镇与当地的浙商服装新城形成有机整体，共吸引1000多家服装生产企业、3800多家服装商贸企业、200多家独 立设计师工作室落户，走出了一条以创意时尚理念引领县域特色产业发展之路，形成了产值超百亿元、营销 规模过千亿元、带动5万余人就业的产业集群。 廊坊市的特色产业集群立足区域实际情况，是结合自身资源禀赋、产业基础和文化基因发展起来的。但发展 之路并非一帆风顺，也曾面临企业分散、设备老化、管理落后等问题。为此，当地不断加强科学引领，因地 制宜建设产业园区，按照同类集中原则引导企业入园集聚发展，大力推进生产与经营规范。 文安县的人造板产业起步于20世纪80年代末，曾是全县最大的支柱产业，拥有2000多家大小 ...

Industry Overview - The thermal insulation materials industry is a significant branch of the new materials sector, focusing on functional materials that reduce energy loss through thermal conduction, convection, or radiation [2] - Products are categorized based on raw materials, including rubber and plastic materials, fiberglass materials, ceramic fiber materials, aerogel materials, and rock wool materials, with applications in HVAC, industrial, marine, rail, new energy, and building structures [2] Historical Development - The modern thermal insulation materials industry in China began in the 1980s, with industrial production facilitated by the reform and opening-up policy, leading to significant advancements in the development and production of high-efficiency insulation materials [3] - China's rapid economic growth and urbanization have accelerated the industry's scale, supported by improved research capabilities, making China the largest manufacturer and processor of thermal insulation materials globally [3] Global Market Trends - The global market for thermal insulation and soundproofing products was valued at $55.1 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 5.4%, reaching $71.7 billion by 2026 [3] - Key growth drivers include the demand for lightweight and stable insulation materials in high-end equipment manufacturing, particularly in the shipbuilding, aerospace, and rail transportation sectors, as well as enhanced building energy efficiency standards and green building policies [3] Domestic Industry Landscape - China's thermal insulation materials industry has a diverse range of products and applications, with a well-established industrial layout across provinces such as Hebei, Jiangsu, Guangdong, and Shandong [4] - The "14th Five-Year Plan" period has seen various provinces introduce supportive policies for the development of thermal insulation materials, further accelerating industry growth [4] Production Capacity Distribution - For fiberglass, Hebei accounts for approximately 45% of national production capacity, with additional capacity in Jiangxi, Hubei, and Shandong [5] - Shandong holds nearly 50% of the national production capacity for ceramic fibers, while Hebei dominates rubber and plastic production with about 80% of the total capacity [5] - The aerogel industry in China is still in its early stages, with around 30 companies and limited large-scale enterprises, indicating a developing production chain [5][11]

Investment Rating - The investment rating for the company is "Buy" and is maintained [5][7]. Core Views - The company reported a total revenue of 3.53 billion yuan for 2024, representing a year-on-year increase of 0.38%, while the net profit attributable to shareholders was 480 million yuan, a decrease of 2.42% year-on-year [3][4]. - For Q1 2025, the company disclosed a revenue of 542 million yuan, a year-on-year decline of 22.61%, and a net profit of 60.04 million yuan, down 27.19% year-on-year [3][4]. - The overall business performance in 2024 was relatively stable, with growth in emerging sectors like shipping and new energy, while traditional markets such as ceramics and cement showed no improvement due to cyclical constraints from real estate [4]. - The company plans to enhance its management and production processes by implementing advanced management concepts like Kaizen and WCM, aiming to improve product quality and market share [4][5]. Financial Summary - The revenue forecast for 2025 and 2026 is 5.4 billion yuan and 6 billion yuan, respectively, with corresponding price-to-earnings ratios (PE) of 11 and 10 times [5]. - The company reported a revenue of 3.53 billion yuan in 2024, with a gross profit of 1.08 billion yuan, resulting in a gross margin of 31% [13]. - The company’s cash dividend plan for 2024 is expected to be 410 million yuan, accounting for 85.5% of the net profit attributable to shareholders, indicating a strong commitment to shareholder returns [4].