习近平总书记强调，要把制造业高质量发展放到更加突出的位置，采取有力措施，推动先进制造业和现 代服务业深度融合，坚定不移建设制造强国。 当前，我国服务型制造发展现状如何，给生产生活带来哪些改变？记者带您走进三家企业实地探访。 ——编者 本报记者丁怡婷 "实现进口润滑油品精准替代""支撑智能产线加工精度与效率提升"……前不久，中国石油收到一封来自 哈电集团的感谢信。原来，依托量身定制的整体解决方案，哈电集团的润滑油品综合采购成本降幅超过 23%。 润滑油，被称为"工业血液"，高端装备、汽车、轮船等都需要依靠它减少摩擦、冷却机组、延长寿命。 面对激烈的市场竞争、客户降本增效的需求，中国石油润滑油公司（以下简称"润滑油公司"）从卖产品 向提供润滑整体解决方案转变，从研发润滑油向研发润滑材料转变，已经能够提供全链条管家式服务。 售前环节，整合用油品种。 在一些工厂，不同设备一般要用到来自不同品牌的几十种润滑油，工人有时也不清楚每种油的用法。 服务型制造是推动先进制造业与现代服务业深度融合、促进信息化和工业化深度融合、加快建设现代化 产业体系的重要举措，对增强制造业价值创造能力、提升制造业发展质量效益具有重要作用。近日， ...

Core Viewpoint - The company reported steady growth in its financial performance for 2024 and Q1 2025, driven by a focus on distributed energy market expansion and customer demand [1][2]. Financial Performance - In 2024, the company achieved revenue of 10.28 billion, a year-on-year increase of 1.3%, and a net profit attributable to shareholders of 1.04 billion, up 2.1% [1]. - For Q1 2025, the company reported revenue of 2.56 billion, a 2.7% increase year-on-year, and a net profit of 250 million, reflecting a 5.6% growth [1]. Profitability - The company's gross margin for 2024 was 22.5%, an increase of 1 percentage point year-on-year, while the net margin was 11.1%, up 0.3 percentage points [1]. - In Q1 2025, the gross margin decreased to 20.5%, down 2.9 percentage points year-on-year, but the net margin increased to 10.90%, up 0.3 percentage points [1]. Expense Ratios - The company's expense ratio for 2024 was 9.2%, an increase of 1.3 percentage points year-on-year, with sales expense ratio at 2.3% (down 0.3 percentage points), management expense ratio at 5.3% (down 0.3 percentage points), and R&D expense ratio at 4% (up 1.3 percentage points) [2]. - Financial expense ratio was -2.5%, an increase of 0.6 percentage points, attributed to increased interest expenses and reduced exchange gains [2]. Industry Insights - The company is a leading manufacturer of axial flow compressors, benefiting from the promising growth potential of compressed air energy storage, which is seen as a key non-electrochemical energy storage technology [2]. - The industrial gas market in China reached approximately 212.9 billion in 2023, with an expected growth to 284.2 billion by 2026, driven by domestic substitution and outsourcing [3]. Profit Forecast and Valuation - The company is projected to achieve net profits of 1.13 billion, 1.24 billion, and 1.36 billion for 2025-2027, with year-on-year growth rates of 8%, 10%, and 10% respectively, resulting in a compound annual growth rate of 10% [4]. - Corresponding price-to-earnings ratios are expected to be 13.2, 12.0, and 11.0 times for the same period [4].