防水材料行業是不起眼的“好行業”，東方雨虹是防水行業率先突破百億的企業，自2008年上市以來，連續10年平均復合增長率在35%左右，增速遠超行業增速和同行企業，鑄就了建筑防水隱蔽工程領域的“隱形冠軍”。東方雨虹的核心競爭力有哪些？基于行業、經濟周期的發展邏輯有哪些？資本市場在嘗試著給出答案。

The description of the introduction department——the waterproof material industry is an obscure "good industry", and Oriental Yuhong is the first company in the waterproof industry to break through 10 billion yuan. Since its listing in 2008, the average annual compound growth rate for 10 consecutive years has been about 35 %. The growth rate far exceeds the growth rate of the industry and its counterparts, casting the "invisible champion" in the field of waterproof and hidden engineering. What is the core competitiveness of Oriental Yuhong? What is the logic of development based on industry and economic cycle? Capital markets are trying to give the answer.