The 2009 consolidated statement of the company showed that it achieved operating income of 756 million yuan, an increase of 3.43% over the previous year; net profit attributable to shareholders of the parent company was 55 million yuan, a decrease of 20.97% over the previous year. Basic earnings per share are $0.22. Performance declined slightly, slightly below expectations. The company's main business includes land development, real estate sales, real estate leasing and property management. The business area is mainly the Shunyi Airport Area in Beijing, which is located in the core area of the new international airport city. Projects for rent or sale in 2009 include enterprise parks, multi-purpose export processing plants, science and technology buildings, etc., and first-level land development in the Tianzhu Airport Industrial Zone and the Tianzhu Export Processing Zone. Affected by the economic crisis, enterprises are not very willing to invest in the park, leading to a sharp year-on-year decline in land development and real estate sales, which contribute to the company's main profit. Land development revenue decreased by 23.76%, real estate sales fell 54.8% year on year, while the operating income of construction business with low gross margin increased 3.7% year on year and accounted for 70.6% of the company's total operating income. This led to an increase in the company's operating income and a decrease in net profit. The “Rinkong Economy” is blessed with advantages and is worthy of long-term optimism. The company has licensed land development rights for the Tianzhu Airport Industrial Zone in Beijing and the Tianzhu Export Processing Zone. The developed Tianzhu Export Processing Zone and the Tianzhu Airport Industrial Zone have been included in the Rinkong Economic Zone, which is a key integrated plan in Beijing's 11th Five-Year Plan. At present, the company has initially established a business system based on land development business and land value-added business as the development direction. The company's business is currently not limited to the airport area, but has expanded to the Zhaofeng Industrial Base in Shunyi District. Currently, in principle, the state does not approve the establishment of new development zones, which provides a relaxed environment and sufficient policy support for the development of existing development zones. Targeted additional distribution boosts the company's development. The company announced a targeted issuance plan in October 2009. It plans to issue no more than 90 million shares at a price of no less than 6.91 yuan/share, and raise no more than 599 million yuan in capital for the following three projects: 43323 million yuan to increase capital of Beijing Airport Tianrui Real Estate Investment Co., Ltd.; construction of the D04 plot of the Beijing Airport Enterprise Park B phase III project; 116.08 million yuan for the construction of the Beijing Airport Creative Industry Center; and the plan is awaiting approval by the Securities Regulatory Commission. After the launch is successful, the company's balance and liability situation will improve, while the Airport Creative Industry Center will attract more companies to settle in and become a new growth point for the company's future performance growth. It is expected that after the overall macroeconomic recovery, the company's performance will improve significantly.