当前，全球科技竞争格局深度调整，作为新一轮科技革命和产业革命的基石与先导，新材料正与人工智 能、大数据等技术加速融合，成为新质生产力语境下的发展风口。 作为国内化工新材料领域的领军企业，青岛国恩科技股份有限公司（以下简称"国恩股份"）凭借纵向一 体化的产业布局、坚实的自主研发实力及对行业风口的精准卡位，展现出了强劲的市场竞争力与行业引 领力。 随着国恩股份通过港交所主板上市聆讯，不仅标志着企业距离实现"A+H"两地上市目标又迈出关键的一 步，同时也意味着在新材料行业迎来新发展机遇下，国恩股份有望借助资本的力量，进一步筑牢化工新 材料领域的"护城河"。 注重研发积累，加速新材料产业化与市场化 成立于2000年的国恩股份，是一家以科技创新为核心驱动力、以长期规模效益为目标的综合性企业。近 年来，国恩股份逐步形成绿色石化新材料、有机高分子改性材料以及有机高分子复合材料"三足鼎立"的 发展态势。 据国恩股份2024年年报显示，企业年营收近192.2亿元，其中化工新材料板块实现收入173.7亿元，不俗 的表现形成了对企业业绩增长的强劲支撑。 经过二十余年的发展积累，如今的国恩股份在新材料领域已经建立起较强的行业地位，其 ...

Core Insights - The "Three-Year Doubling" Action Plan aims to establish 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to service 80 million electric vehicles, accelerating the development of new energy infrastructure and creating unprecedented opportunities for upstream material and equipment companies [1][2] Industry Overview - The rapid growth of electric vehicle ownership in China has outpaced the development of supporting charging infrastructure, and the new action plan addresses this gap while providing clear growth expectations for the upstream and downstream of the industry chain [2] - The market for public charging stations is expected to exceed 200 billion yuan, with over 15 million new public charging stations projected to be added by 2027 [2] Company Analysis - Guoen Co., Ltd. has established a vertically integrated industrial chain in the field of polymer new materials, focusing on SMC composite materials, and is positioned to benefit from the material replacement trend in charging station structures [3][4] - The company has upgraded its SMC composite material formulation technology and developed a series of non-metallic charging station shells, which have entered mainstream equipment manufacturers and new energy vehicle supply chains [3][4] Growth Potential - The "Doubling Action" policy is expected to significantly drive the demand for new and updated charging station equipment, with Guoen Co., Ltd. developing innovative processes to enhance production efficiency and market share [4][5] - The company is also exploring advanced manufacturing techniques and materials, such as PEEK lightweight materials and green energy new materials, which will further enhance its competitive edge [4][6] Execution and Market Outlook - The successful implementation of the "Three-Year Doubling" Action Plan is crucial for the growth of the new energy industry chain, and Guoen Co., Ltd. is well-positioned to leverage its innovative materials and production capabilities to capture market opportunities [5][6] - Continuous strengthening of technical barriers, deepening customer cooperation, and expanding production capacity are essential for the company to drive performance growth in its new materials business [6]