The company has a total of about 2.8 billion tons of coal mine resources. Against the backdrop of weak industry sentiment, the contribution of minerals to market value is increasing. At 1.5 yuan per share, the contribution of coal mines to market value is 4.2 billion yuan, or 6.6 yuan per share. Looking at the long term, the company relies on coal mine resources and intends to actively develop coal chemical and energy projects. It is hoped that it will surpass the chlor-alkali industry chain and advance into a comprehensive energy company. We expect the company to maintain its shareholding rating of 1.13 and 1.35 yuan per share in 2012-13, based on 12 times this year plus coal mine contributions, which amounts to 20.2 yuan per share.