Guoyuan Hong Kong released a research report on Friday that 08060-HK had a turnover of HK $89.693 million in 2009 / 2010, up about 184 per cent from the same period a year earlier. The bank forecasts operating income of about 45 per cent for the next two years; gross margin and net margin remain at about 35 per cent and 21 per cent respectively, giving the stock a buy rating for the first time, with a target price of HK $0.50, equivalent to 16.3 times PE,11/12 in 2010 / 2011 and 11.7 times PE, with 72.41 per cent room to rise from the current price.

The report also points out that since 2006, the company has expanded rapidly in terms of on-board information system solutions for urban rail transit, has established a strong sales and service network throughout the country, and has a number of high-quality customer groups, at the same time, the company's products have entered overseas markets such as Hong Kong and Mumbai. The company is mainly committed to the research and development of new products and solutions for on-line monitoring of power system transmission, substation and distribution network and the application innovation in the field of communication, and has made certain achievements in temperature monitoring and early warning system and on-line monitoring. the business is expected to significantly improve the company's overall performance in the future.

League of Nations Communications received HK $0.30 for the whole day.