At present, Haitai Green Industrial Base I and II nearly 300,000 square meters have basically checked in, and the remaining salable area is more than 130000 square meters. Considering the development progress of the company's industrial real estate projects and the stable growth of other business, we predict that the company's EPS in 2007 and 2008 will be 0.18,0.38 yuan (after dilution of share capital) respectively, and undiluted earnings per share will be 0.27,0.55 yuan respectively. Considering the strong development ability of the company's industrial real estate, the existing rich land reserve and the good expectation of benefiting from the development and construction of Binhai New area, we believe that the company's future performance will be steady and sustainable growth. Profitability will also be improved, giving the company an "overweight" rating.