1. In the face of unfavorable conditions such as the consolidation of the domestic motorcycle market and the rise in raw materials and taxes, the company has achieved the growth of operating income and turned losses into profits, mainly because the company is actively developing the international business of motorcycles with high gross profit margin, which increased by 46.68% in 2007.

two。 The decline in the company's management expenses is mainly due to the fact that the wages originally included in the management expenses are included in the cost, and a large part of the company's profit comes from the sale of shares in Everbright Bank.

At the same time, the company provides for a certain impairment loss of assets, which reduces the total profit to a certain extent.

3. We forecast that the company's earnings per share in 2008 and 2009 will be 0.048 yuan and 0.058 yuan respectively, corresponding to the dynamic price-to-earnings ratio of 152,126 times. Taking into account the company's military background, the company will be given an investment rating of "holding".