Events:

Terjia (002213) issued an annual report saying that during the reporting period, the company achieved operating income of 277 million yuan, an increase of 7.87% over the same period last year; net profit belonging to shareholders of listed companies was 34 million yuan, down 16.22% from the same period last year; and basic earnings per share was 0.16 yuan. The benefit distribution plan of the company in 2011 is 0.5 yuan (including tax) in cash dividend for every 10 shares.

The expansion of profit forecast and recommended rating products will further increase the technical added value and market share, and force the equipment of retarders to increase the safety performance of large and medium-sized vans, which will bring good opportunities for Terjia to improve its performance. Terjia's basic earnings per share in 2012 are expected to be 0.22,0.26 and 0.32 yuan, respectively, and the corresponding PE is 34, 29 and 24 times, respectively, based on December 30, 2011.

Give a rating of "overweight".