The company is mainly engaged in production equipment for truck tires and engineering tires, and is the number one manufacturer of rubber tire manufacturing equipment in China. Tire production design processes such as mixing, rolling, laminating, extrusion, truncation, molding, and vulcanization. The company mainly produces extrusion, cutting, and forming equipment. It has a high reputation in the truck tire and engineering tire market. The rapid development of the domestic economy has led to a rise in demand for truck tires and engineering tires. In recent years, China's infrastructure construction has dramatically boosted demand for heavy trucks and construction machinery, and stimulated an increase in consumption of truck tires and engineering tires. Heavy trucks are mainly used in engineering and logistics, and heavy engineering trucks occupy a dominant position. It can be expected that, driven by an investment of 4 trillion yuan, heavy truck tires and engineering tires will continue to maintain a relatively steady growth trend, which is beneficial to the sales of the company's tire manufacturing machinery products. Demand for the company's various tire machinery products is expected to recover, and the company's exports will continue to decline in 2010, but the boom in the domestic market has basically made up for the loss of the decline in exports. The total number of units sold by the company has remained basically the same, and the company's tire machinery orders have recovered somewhat in 2011. Product gross margin is gradually stabilizing, and the 15-20% decline in the company's product price in 2010 is an important reason for the decline in the company's 10-year sales revenue. The company's products need to be customized according to user requirements, so they are not completely standard products. Currently, the gross margin has dropped to 30-35%. Prices have stabilized, and there is not much room for a further sharp decline, which is conducive to the recovery of the company's performance. The company is expected to redevelop the light truck and passenger car market. The company has focused on the truck and engineering tire market in recent years. As the passenger car and light truck market continues to prosper at a rapid pace, the company is actively developing light truck and passenger car tire technology. We hope to obtain new room for growth in this larger market, profit forecasts and investment suggestions. We expect Saixiang Technology's earnings per share to reach 0.76,0.84, 0.90 yuan per share, valued at 35 times PE in 11 years, with a reasonable value of about 30.00 yuan, recommended.