The company is an excellent modified asphalt manufacturer. Guochuang Hi-Tech is an enterprise specializing in R&D, production and sales of modified asphalt. The company has the highest market share in the same industry in China with competitive advantages such as brand, technology, quality, business experience and flexible sales methods (market share from 05 to 2007 was over 30%). The continued rapid growth of national investment in road construction is a strong driving force for the growth in demand for the company's products. In 2005-2007, the company's products accounted for more than 15% of the modified asphalt market for newly built highways in China, ranking among the top three in the same industry in the country. The company's market share of newly built expressways in Hubei, Shaanxi and Guangxi during the same period ranked first. The modified asphalt industry has good prospects for development. As the country urgently needs to improve logistics capacity, a large amount of asphalt demand will come from the construction of new highways, the renovation of existing roads, and the maintenance of highways. Modified asphalt will definitely get great development opportunities due to its excellent cost performance ratio. Fund-raising projects will help the company break through production capacity bottlenecks and improve R&D capabilities. It is estimated that the daily production capacity of the company will increase by 10,000 tons after the completion of the project. Production capacity has increased nearly 4 times. Profit forecasts and investment advice. We expect the company's earnings per share for 10-11 years to be 0.48 yuan, 0.64 yuan, and 0.77 yuan, respectively. According to the current price of 19.80 yuan, the corresponding price-earnings ratio is 41.25 times, and the valuation level is relatively low. The expected revenue increase is between 20-50%, and the closing price of the IPO on the first day is 23.76-29.70 yuan.