The company has leading technology and rich product lines for a full range of video surveillance systems, optical fiber transmission systems and access control systems, and is one of the few high-end security product suppliers in China. The company's core products, matrix switchers, and optical transceivers, ranked first, and second in the industry in domestic market shares in 2008, respectively. The following factors will be the driving force for the company's rapid growth in the future: Fund-raising projects lay the foundation for rapid expansion. By 2014, after the company's fund-raising projects reached production, production of major products such as fast balls, matrices, optical transceivers, and cameras was 2.58, 2.91, 2.64, and 4.93 times that of 2009, respectively. Efforts to develop new markets will increase, including second-tier and third-tier cities and overseas markets, which will form new growth points. There is a lot of room for decline in the three cost ratios, and the excess capital raised is huge, bringing the possibility of development exceeding expectations. It is estimated that the company's sales revenue growth rates from 2010 to 2012 will be 40.0%, 45.0%, and 45.0%, respectively. Gross margin will decline slightly, sales expenses and management expenses will increase steadily, and financial expenses will become negative due to huge overfunding. Earnings per share for 2010-2012 are expected to be 0.83, 1.59, and 2.45 yuan, with an annual growth rate of more than 50%. The 2011 dynamic price-earnings ratio of peer listed companies is in the 35-40 times range. Considering Infineto is in a relatively rapid growth stage, the company can be given a dynamic price-earnings ratio of 40 times or more in 2011, and the corresponding target price is 63 yuan or more, giving it a “careful recommendation” rating.