In 2006, the company achieved main revenue of 427.7517 million yuan, a year-on-year increase of 136.2058 million yuan, main profit of 1309.17,700 yuan (previous year's loss), total profit of 705.902 million yuan (previous year's loss), and net profit of 26.337,700 yuan (loss last year), and realized a net profit of 26.337,700 yuan (loss last year), turning the company's overall operating losses into profits. The main reasons for the sharp increase in performance are: 1. Newly injected science parks are highly profitable. 2. Profitability has improved after the integration of the company's original assets. 3. Support from major shareholders, return bank arrears, and reduce financial expenses. Science park development has become a leading industry with core competitiveness. It is estimated that 70,000 square meters will be completed in 2007, 115,000 square meters will begin construction, and 550,000 square meters of cooperative development. These will all be the highlights of science and technology parks in the next few years. The prospects for leading high-tech industries are limitless, as shown by: 1. The wind power projects under construction are already intensively producing prototypes; 2. The optical communication project has successfully resumed production; 3. Weiye Digital and Haotian Software have always been at the forefront of the country. The formation of these high-tech industries will have an annual output value of over 1 billion dollars within the next three years, and the profit points of these projects are all very good, which will bring great benefits to Xinmao. All of the company's businesses have improved. As the strategic position of the Binhai New Area increases, industrial plants and incubator projects in the Tianjin High-tech Park are expected to obtain higher gross sales profits. The optical fiber business and wind power blades are expected to become new profit growth points for the company. Currently, the company is actively seeking new reserve land. Xinmao Group has strong support for listed companies, and it is possible to increase its controlling interest through targeted additional issuance. Earnings per share are expected to be 0.789 yuan or 0.946 yuan in 07/08. Giving a price-earnings ratio of 15-22 times in 2007, the reasonable price is between 11.85-17.35 yuan. Give a “Recommended” rating.