The company is a city operator with government background and resources. The company is currently positioned as a city operator and has a strong government background. In the future, the company's development strategy will rely on urban infrastructure operations such as road tolls and water treatment to increase the cultivation of value-added businesses such as first-level land development, real estate development, and automobile sales to achieve steady growth in performance. Expressway tolls and water treatment have laid the foundation for stable performance. The company's existing “Zhangzhou-Zhaoan” and “Zhangzhou-Longyan” sections are the two best expressways in Fujian Province, and profits are relatively stable. At present, the company has basically built an independent water sales network, the industrial chain is relatively complete, and the company's sewage treatment charges will increase from 2006. Highways and water treatment will provide the company with stable cash flow and lay a stable foundation for performance... Real estate will become an “accelerator” for profit growth. The company has made real estate development a key development direction in the future. The existing development projects “Green Wave Seascape” project and the “Riverside Garden” project can contribute about 460 million yuan in net profit to the company in the next 2-3 years. Furthermore, the company has developed its own unique advantages in land level development. As land reserves increase and the company progresses through the stages of first-level development and second-level development, the real estate business will provide an “accelerator” for the company's future performance growth. The company's stock reform plan may adopt a “targeted repurchase+share delivery” method. The company's stock reform plan may adopt a “targeted repurchase+share delivery” method, and the share delivery ratio is expected to be higher than the market average. The company's stock price is currently at the bottom of history. The investment risk is low. Coupled with the steady growth of long-term performance, it is an investment type with both long-term and short-term investment value. The inflection point of the company's performance has been reached. The target price is 6.25 yuan, giving it a “recommended” rating. After asset replacement and industrial restructuring, the company's performance will reach an inflection point this year. The reasonable price of the company's stock price is 6.25 yuan. We give it a “recommended” investment rating...