The steady growth trend of the company's gross margin has gradually taken shape, and the company's management capabilities have been further strengthened. Against the backdrop of the financial crisis, it was not easy for the company's gross operating margin to grow in 2009. The financial crisis in the first half of the year weakened domestic and foreign trade markets, leading to a sharp reduction in demand for crude oil, mineral powder, and grain. In the first half of 2009, oil throughput fell by as much as 30%, and operating income and net profit indicators are now growing negatively compared to the same period. However, in the second half of the year, the company actively seized the opportunity of the national economic stimulus policy plan, increased its marketing efforts, achieved rapid growth in supply and profit revenue, completed its business plan for the whole year, and achieved excellent results where the year-on-year increase in revenue was better than the increase in operating costs by 4.16 percentage points, indicating that the company's management capacity was further strengthened. The company achieved a gross operating profit margin of 56.24% in 2009, up 2.16 percentage points from 2008 and 3.37 percentage points from 2007. We believe that the 10-year company will still benefit from the steady progress of the national policy investment plan. Due to the decline in the throughput of goods such as coal and metal ore, the company's performance declined slightly in 2009. It achieved operating income of 739 million yuan, a year-on-year decrease of 6.74%, realized operating profit of 223 million yuan, a year-on-year decrease of 0.99%, and realized net profit attributable to the parent company of 163 million yuan, a year-on-year decrease of 0.75%. Due to the completion of the targeted issuance of 246 million shares to Dalian Port in 2009, the company's earnings per share were diluted to a certain extent, and achieved earnings of 0.11 yuan per share in 2009, a year-on-year decrease of 29.49%. The proposed distribution plan for 2009 is that there will be no cash dividend distribution, and no capital reserve will be transferred to share capital.