BoCom International maintains the investment rating of 00515-HK and the target price of 5.65 yuan. BoCom International is optimistic about the development prospect of the company's LED street lamp business. FY2010's operating income is expected to reach 960 million yuan, an annual increase of 29.8%. The core net profit was 37.8 million, an annual increase of 240%.

BoCom said it issued a positive profit forecast on March 3 and expects earnings for the year to December 31 to be significantly more than 200% higher than in fiscal year 2009. BoCom believes that the breakthrough in 2010 reflects the results that the company began to expand its LED street lamp business in the second half of the year.

Daijin Jingdian rose 0.84% yesterday to close at 3.60 yuan.