The company is a holding enterprise engaged in various industries, and its operating income mainly comes from various subsidiaries. Zhuhai Tsinghua Science Park Venture Capital Co., Ltd. is mainly engaged in the construction and operation of Tsinghua Science Park in Zhuhai, venture capital and high-tech enterprise incubation. With the economic development of Zhuhai, we expect a relatively steady increase in revenue in the future. Currently, only the first phase of the Science Park has been built. In the long run, the company has the opportunity to own more rental properties, but the specific plans and commencement time for the future are uncertain. In terms of venture capital, the company invests mainly in small and medium-sized high-tech enterprises or high-tech projects. Topbond Electronics, which it invests in, is already listed on the Shenzhen SME Board. Compared to leading domestic venture capital firms, the company's venture capital scale is not very large, and it is expected that there will be no significant increase in the company's profit in the short term. Currently, Zhuhai Lihe Environmental Protection Co., Ltd. mainly invests in the first and second phases of the Jida Sewage Treatment Plant. Another project, the Zhuhai Shinan District Sewage Treatment Plant, was put into operation in June 2007. We expect that by the end of 2008, the first phase of the Southern District will reach its design and treatment capacity, thus doubling the company's sewage treatment business capacity. The aluminum electrolytic capacitor production equipment manufacturing business of Zhuhai Huaguan Electronic Technology Co., Ltd. has maintained steady growth, and the lithium battery production equipment that has begun to enter the market will be a profit growth point. LED production equipment currently in the trial sales stage may also bring new growth opportunities in the future. Zhuhai Huaguan Capacitor Co., Ltd. is mainly engaged in the production and sale of chip capacitors. Currently, the market demand for capacitors is strong. After the capital increase, as new production lines are put into production, the production of capacitors will increase further. Beijing Tsinghua Lihe Electronic Technology Co., Ltd. is undergoing business transformation. At the same time, the company participated in the establishment of Lihe New Media Co., Ltd. to develop value-added digital television operations. We expect the company's EPS from 2007 to 2009 to be 0.16 yuan, 0.11 yuan, and 0.16 yuan respectively, giving it a “neutral” rating.