The project to be invested in the capital raised this time has a certain construction cycle. It will take some time for the project to generate benefits, and the company's net assets will increase dramatically in a short period of time. It is expected that after this issuance, the return on the company's net assets will drop by a certain margin compared to previous years. However, the “passenger transport hub+logistics center” model has laid the foundation for the company's continued growth in the future, breaking the company's growth bottleneck on the road of mergers and acquisitions in the automobile transport business. Following this development path, we believe that the company will not rule out continuing to increase investment in passenger transport hubs and logistics in the future to promote continuous and steady growth in performance. We expect the company's EPS for 2011-2013 to be 0.55 yuan, 0.65 yuan, and 0.75 yuan respectively, and corresponding PE to be 14 times, 12 times, and 10 times, respectively, giving it a “careful recommendation” rating.