投资者关系活动记录表 证券代码：002254 证券简称：泰和新材 泰和新材集团股份有限公司 投资者关系活动记录表 编号：2025-096 投资者关系活动 类别 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 参与单位名称及 人员姓名 泰致资产 李伟 时间 2025 年 12 月 23 日 地点 公司会议室 上市公司接待人 员 董事会秘书董旭海、董事会办公室人员 投资者关系活动 主要内容介绍 投资者：氨纶行业还有新扩建产能吗？ 答：上一轮扩产周期基本上接近尾声了。 投资者：氨纶行业产能增长期主要是哪年？ 答：主要是 19 年到 20 年拉开的，当时行业主要是走低成本 路线。我们那个时间发展方向主要是芳纶，氨纶是走差别化 路线，每期产能的体量不大但是产品有特色，成本略高，但 是售价也略高，毛利率方面差不多。 投资者：具体方向是什么？ 答：一般企业是往细旦丝发展，主要是规模化、降成本，我 们是粗旦丝比较有特色。 投资者：粗旦丝的客户主要是哪方面？ 答：还是纺织，比如蕾丝、织带等。 投资者：氨纶和下游纺织服装的需求趋势有关系？ 1 投资者关系活动记录表 | | 投 ...

Core Insights - The rapid urban construction in China has led to increased energy consumption in the building industry, necessitating the promotion of green building energy-saving products to mitigate high energy consumption and support the development of energy-efficient construction projects [1][2]. Industry Overview - The building energy-saving industry in China is characterized by a growing market for energy-efficient products, driven by the need to address high energy consumption in construction projects [1]. - Key companies in the industry include China National Materials Group Corporation (中材节能), Beixin Building Materials (北新建材), and others [1]. Energy-Saving Product Types - **Ventilation, Lighting, Heating**: Products such as doors, windows, membranes, and low-emission glass are designed to optimize natural ventilation and lighting, thereby reducing energy consumption [3]. - **Building Envelope Structures**: Energy-saving designs for roofs, doors, and walls improve insulation and reduce energy use, enhancing indoor air quality and comfort [3]. - **Indoor Energy Efficiency**: High-efficiency central air conditioning and heating systems are essential for minimizing energy consumption [3]. Market Size and Growth - The Chinese central air conditioning market has seen continuous growth, with sales reaching 142.9 billion yuan in 2023, an increase of 11.1% year-on-year, and projected to reach 145.8 billion yuan in 2024 [4]. - The production of laminated glass, known for its excellent thermal insulation properties, reached 14.71 million square meters in 2023, with expectations to exceed 15 million square meters in 2024 [5]. Importance of Windows and Doors - Windows and doors are critical components affecting building energy efficiency, accounting for approximately 45%-50% of energy loss in building envelopes [9]. - Poor insulation performance of existing windows leads to significant energy waste, with single-glazed windows causing heat loss of 30%-50% during winter and contributing to 20%-30% of cooling loads in summer [9]. Heating Energy Efficiency Market - Investment in urban heating systems is closely linked to building energy efficiency, with a focus on high-efficiency heating system upgrades and energy-saving optimization of building envelopes [11]. - The fixed asset investment in urban centralized heating has fluctuated between 30-40 billion yuan from 2019 to 2022, with projections for 2024 nearing 40 billion yuan [11].