9月25日，公元股份盘中下跌2.05%，截至13:29，报4.29元/股，成交1.27亿元，换手率2.59%，总市值 52.73亿元。 资料显示，公元股份有限公司位于浙江省台州市黄岩区黄椒路555号永高双浦新厂区，成立日期1993年3 月19日，上市日期2011年12月8日，公司主营业务涉及塑料管道的研发、生产和销售。主营业务收入构 成为：PVC管材管件35.03%，PE管材管件20.81%，灯具及组件17.02%，PPR管材管件15.90%，其他产 品6.22%，其他(补充)4.54%，电器产品0.48%。 公元股份所属申万行业为：建筑材料-装修建材-管材。所属概念板块包括：地下管廊、机器人概念、新 型城镇化、储能、海绵城市等。 公元股份今年以来股价跌1.38%，近5个交易日跌7.54%，近20日涨2.14%，近60日涨4.13%。 机构持仓方面，截止2025年6月30日，公元股份十大流通股东中，香港中央结算有限公司位居第五大流 通股东，持股1228.59万股，相比上期增加16.08万股。 今年以来公元股份已经2次登上龙虎榜，最近一次登上龙虎榜为9月22日，当日龙虎榜净买入-8680.77万 元；买入总计6 ...

Financial Performance - In 2024, the company achieved operating revenue of 6.602 billion yuan, a year-on-year decrease of 11.6% [11] - The net profit attributable to shareholders was 190 million yuan, down 47.5% year-on-year [11] - In Q1 2025, the company reported operating revenue of 1.173 billion yuan, a decline of 5.6% [11] - The net profit attributable to shareholders in Q1 2025 was a loss of 38 million yuan [11] Cost Control Measures - The company implemented centralized procurement of raw materials and a combination of spot and futures trading to reduce procurement costs [1] - Smart and digital reforms were introduced to lower production and labor costs, enhancing efficiency [1] - Technical formula optimization was employed to reduce product costs, positively impacting market competitiveness [1] Market Comparison - The company's PVC pipe fittings had a gross margin of 16.8%, significantly lower than competitors like Weixing at 21.75% due to differences in procurement costs, product structure, sales models, pricing systems, customer bases, and application fields [1] Industry Outlook - The plastic pipe industry is expected to see a gradual recovery in market demand due to urbanization and infrastructure development [2] - The unique advantages of plastic pipes, such as energy saving, water conservation, and environmental protection, align with government initiatives for sustainable development [2] Strategic Planning - For 2025, the company aims for a main business revenue target of 6.607 billion yuan, representing a growth of 5.61% [5] - The company will continue to focus on "increasing revenue, reducing costs, mitigating risks, and ensuring implementation" [5] Impact of External Factors - Exports to the U.S. account for approximately 3% of the company's revenue, indicating limited impact from U.S. tariffs on overall sales [6] Future Growth Points - The company plans to expand sales of high-value-added products and niche market segments, including home decoration, gas pipelines, agricultural irrigation, fire protection, and industrial pipelines [9] - Collaboration with supporting industries such as switches, home furnishings, and smart equipment is expected to create synergistic effects with pipeline business [9]