The 14th five-year Development Plan for Transportation Standardization, recently issued by the Ministry of Transport, proposes that by 2025, a high-quality standard system for transportation will be basically established, the standardization operation mechanism will be more sound, and the level of internationalization of standards will be significantly improved. the role of standardization support in speeding up the construction of a traffic power and building a national comprehensive three-dimensional transportation network is more prominent.

Pacific Securities believes that urban rail and intercity are supported by policies, which are effective measures to strengthen urban traffic governance and improve the quality of life of residents, and play an important role in building a "traffic power" blueprint. 1) make up for the deficiency: compared with the developed areas in the world, the density of urban rail in China is still low, and the supply of public transport resources per capita is still short. The average density of urban rail construction in major developed countries is 3-4 times that of China. 2) Advanced technology empowerment: in the future, rail transit will perfectly integrate the new and old infrastructure and realize the simultaneous development of new and old kinetic energy. China is committed to building an advanced intelligent urban rail country in the world, while bringing inter-city into the "new infrastructure". Science and technology will be the future direction.

Among the related targets, Pacific Securities recommends that attention be paid to: 1. Vibration and noise reduction products (high growth): these products are mainly based on the requirements of environmental protection and noise reduction, and are used in the rail transit field dominated by urban rail transit and intercity rail transit. With the stricter noise reduction standards for environmental protection and the gradual increase in permeability, the current application proportion has increased from less than 10% to 40-70%. Due to its application in the last 1-2 years of the entire rail transit life cycle, it lags behind the rail transit examination and approval and construction period, and is currently in a period of rapid release. It is the first to subdivide the leading Tiantie shares and pay attention to the new materials of the times and Tieke track.

2. Building damping and isolation under the guidance of urban rail + TOD (high growth): after years of rapid development, the process of urbanization in China is advancing rapidly, while more and more cities are plagued by traffic congestion and shortage of land resources. at present, China has entered a stage of high-quality development, the concept of rational layout of urban structure has gradually attracted attention, and the TOD model from the United States has been introduced into China. By the end of 2019, nearly half of the 40 cities that have opened urban tracks have issued TOD-related plans. at the same time, the properties above the subway or along the rail crossing have the functional requirements of building shock reduction and isolation due to the vibration caused by the subway, recommend Zhen'an Technology, Tiantie shares, and pay attention to the new materials of the times.

3. Design and construction (long-term steady growth and sustainable): the "14th five-year Plan" and "traffic power" continue to make efforts, and the trend of long-term high prosperity in rail transit construction in the future has been relatively determined. It is suggested that attention should be paid to China Railway Construction Corporation and China Rallway, the two major leaders in the field of rail transit construction.