The company announced its annual report. In 2012, it achieved operating income of 77.259 billion yuan, an increase of 9.21% over the previous year; net profit attributable to shareholders of listed companies was 9238.74 million yuan, a year-on-year decrease of 35.49%; and basic earnings per share were 0.65 yuan. Profit distribution plan: A cash dividend of 1 yuan (tax included) will be distributed to all shareholders for every 10 shares based on the company's total share capital on December 31, 2012. Profit forecast and rating We predict that the company's EPS from 2013 to 2015 was 0.76 yuan/0.99 yuan/1.18 yuan, respectively, and the corresponding PE was 22.43 times/17.22 times/14.45 times, respectively, maintaining the “increase in wealth” rating.