The company plans to issue 40 million shares in a non-public offering, and the fund-raising project needs 296 million yuan, and the occurrence price is not less than 4.86 yuan per share. The largest shareholder, Xinhua United Holdings, contributed 30 million yuan to subscribe, subscribing for no more than 6.18 million shares. This time, the capital contribution is within the amount of its reduced holdings, and the proportion of shares has not increased. The company's operating cash flow continues to be negative, and the operating index has improved in the middle of 2008, but it still needs capital investment. After the completion of the additional issuance, the operating performance may also lose money in the short term. We maintain the existing judgment that before the revenue reached 200 million, the company had been in the investment period and the profit was unstable. Optimistic about the company's long-term development prospects, while raising revenue growth.