Due to diversified development, the company's main nourishment business has developed slowly in recent years, and the relocation of the winery will drive the main business into a rapid development path; combined with the development background of the Hainan International Tourism Island, the company's food and beverage sector has ushered in development opportunities. The company's trial production of coconut milk products and investment results are good, and entering the coconut milk industry will establish a more definite profit growth point. Overall, the trend of improving the company's fundamentals is gradually becoming clear, and the timing for medium-term strategic purchases is getting closer. Recent corporate control issues will bring about transactional opportunities. It is recommended to pay attention. The main findings were that the relocation achieved a new high starting point for the development of health alcohol. The layout of the new production area is reasonable, complete fermentation, preparation, wine storage and filling, and the production capacity and technical process level have been greatly improved, which is the foundation for supporting the expansion of health and nourishing alcohol. The tourist population drives consumption of famous liquor from Haikou Dagu, a specialty of real estate. Production and sales will continue to grow in the future, and sales revenue will increase markedly from the current tens of millions. The beverage development prospects are good, and the self-built factory was put into operation in 2012. Currently, the company's coconut drinks are mainly in the form of contract processing, and production capacity is seriously insufficient to meet the ordering needs of dealers. The second phase of Yakutani Distillery will begin construction in October, and a beverage production line will also be built at the same time. Production will be put into operation next year, achieving a significant increase in sales. The tapioca ethanol project is seeking approval within the year. Since the non-food energy subsidy standards have been basically determined, the Ministry of Finance has approved the project, and there is a very high probability that all formalities will be completed within the year. The company's tapioca ethanol project is a non-food new energy and circular economy demonstration project, and has a strong cost advantage. The rolling development of real estate projects helps the main business. Land costs for the company's real estate projects are low, and sales have certain advantages. Currently, real estate is mainly positioned to support the development of the main business. The future of the company's controlling interest is uncertain, and we do not rule out the possibility of new strategic investors entering. The equity dispute confirms from the side that the value of equity may be underestimated, but with mantis catching cicadas and yellow finches behind, it is still difficult to determine ownership of the controlling interest, but at the same time, it also brings relatively certain trading opportunities.