The profit forecast predicts that the company's EPS for 2011-2013 will be 1.17, 1.56, and 2.10 yuan, respectively. From a valuation perspective, although the company is still small, its strategy is clear, it has a competitive advantage, and the downstream growth of its industry is sustainable. Therefore, we think it is reasonable to give a price-earnings ratio of 25-28 times in 2011, and that the company's reasonable valuation range is 29.25-32.76 yuan.