Infineto determined that the issue price was 53.80 yuan/share, and the price-earnings ratio calculated based on the total share capital after issuance and the net profit before or after deducting non-recurring profit and loss audited by an accounting firm in 2009 was 99.63 times. This time, 37 million shares were issued, 29.63 million shares were issued online, subscription code: 002528, issue date: 2010-12-15, winning rate announcement date: 2010-12-19, subscription fund unfreeze date: 2010-12-20. The company is a high-tech electronic security product supplier that drives business development through technology research and development. The company has leading R & D design capabilities, complete system product solutions, an efficient production and operation system, and a sound sales service system, and has strong comprehensive competitive strength. Since its establishment, the company has always focused on the R&D, production and sales of electronic security products. During the reporting period, the company invested more than 80 million yuan in research and development. Benefiting from the company's strong independent innovation capabilities, 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. It can provide customers with products that integrate hardware equipment and software platforms, including integrated front, middle and back end solutions, and is one of the few high-end security product suppliers in China. The company's products are widely used in public security, transportation, water conservancy, finance, electricity and other industries, as well as civil fields such as communities. Among them, 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 company's main business remained stable throughout the reporting period. The company's revenue in 2007, 2008 and 2009 was 278.12 million yuan, 315.16 million yuan, and 376.78 million yuan, respectively. Revenue in 2008 and 2009 increased 13.32% and 19.55% year-on-year, respectively. The company's net profit in 2007, 2008 and 2009 was 66 million yuan, 57.72 million yuan, and 80.17 million yuan, respectively. The net profit for 2008 and 09 decreased by 12.55% and increased by 38.89%, respectively. The main risks faced by the company's operations include the risk of maintaining the ability to continue to innovate, the risk of raw material procurement, and the risk of a significant increase in depreciation and amortization.