The company's business conditions have now taken a positive turn. The company's main business is residential real estate sales and leasing, and its main business revenue comes from development projects in Guangzhou and Changsha. Since the company has now successfully solved the problems of litigation cases, with the recovery of the Guangzhou real estate market and the rise in housing prices, the company's real estate development income and rental income have steadily increased, and gross profit has also gradually increased. The company is currently relatively well-funded and has a low balance ratio. The company's overall business development has taken a good turn in the future. The company's current project reserves can support performance growth over the next few years. The company's current projects include Guangzhou Chigang and Pearl River New Town projects, and Changsha Century Flower City Phase I and Phase II. The above projects are mainly located in Guangzhou and Changsha. The company holds a total project reserve construction area of 1.07 million square meters. The future profitability of the company's existing projects is relatively good, and it has now entered the development and construction stage. According to the development schedule of future plans, it can meet the company's project development needs in the next 3-5 years and support the steady growth of the company's performance in the next few years. In addition, the company currently owns rental properties such as office buildings and podium shopping malls, with a total leased area of 57,000 square meters. There is still room for future rent prices to rise. Give an investment rating of “Recommended”. It is expected that the company's projects such as Guangzhou Chigang, Pearl River New Town, and Changsha Century Flower City will enter the peak settlement period in 2008. The company's EPS for 2006, 2007, and 2008 is expected to be 0.12 yuan/share, 0.17 yuan/share, and 0.35 yuan/share, respectively. The target price of the company's stock price for the next 6-12 months is 7.70 yuan/share, giving the company a “recommended” investment rating.