Company announcement The 2006 performance fell sharply on January 31, 2007. The company issued an announcement on January 31, 2007. Due to increasingly intense competition in the industry, the company made further adjustments and transformations in accordance with the development trend of the application software industry with the goal of increasing the software reuse rate, which had a great impact on the company's operations. The net profit for 2006 is expected to drop by more than 50% compared to the same period last year. Profitability has continued to decline sharply since 2005. Beginning in the first half of 2005, the company's main gross margin and net sales margin both began to decline. This trend was maintained until 2006, and there were signs of an accelerated decline. Due to the high gross margin of software products, if the company successfully transitions to a product software supplier, the main gross margin will increase further. Prior to that, the gross margin had shown a continuous downward trend, so it is more likely that the company's profitability will continue to decline in 2006 or more. Lowering the profit forecast, lowering the rating to sales and lowering the profit forecast for 2006, 2007, and 2008. Through a comprehensive comparison with companies in the same industry, the company's stock price is still overvalued, so the downgraded rating is selling.