The company is one of the few manufacturers in the domestic security industry that can provide a full range of electronic security equipment and system R&D capabilities. It has core competitiveness in technology research and development and high-end marketing, and overseas mergers and acquisitions will further enhance the company's high-end brand. We forecast the company's revenue in 2012-2013 to be 446 million, 564 million, net profit of 50 million, 71 million yuan, and EPS of 0.21 yuan and 0.30 yuan. Currently, the corresponding stock price of PE is 66.8 times and 46.9 times. Give the company a “recommended” investment rating.