The industry to which the company's main business belongs has begun to pick up, and the current steady decline in crude oil prices will be more conducive to the industry's gross margin continuing to rise. Production capacity expanded significantly in 2007. EPS is expected to be 0.0352 yuan, 0.0848 yuan, and 0.132 yuan respectively in 06, 07, and 08. For the first time, an investment rating of recommending -A was given. If the company receives high-quality biodiesel assets from major shareholders, it will increase net profit by 46.84 million yuan in 2007, which is equivalent to a 1.4 times increase in net profit from the original base. We will raise the investment rating in due course. Considering asset injection, if the share capital increases by 100 million yuan, it is estimated that EPS will be 0.16 yuan in 2007 and 0.23 yuan in 2008. In terms of risk, although fluctuations in crude oil prices have no serious impact on the company's performance in previous years, they will also affect the company's profitability to a certain extent. Furthermore, the asset injection of large companies is highly uncertain about our expectations and judgments about the current state of the biodiesel industry and the company's share capital structure.