The company announced today that the net profit attributed to the parent company in the first half of 2008 is expected to increase by 150% Murray 180% compared with the same period last year. Based on this, it is estimated that the company's earnings per share in the first half of the year are between 0.314 and 0.352 yuan.

In view of the fact that the production and operation of the company has a certain seasonality (the first and fourth quarters are off-season), the glass industry is facing greater cost pressure, and taking into account the progress of the company's project, the author believes that the pre-increase in performance is basically in line with the performance forecast made by the author in the comments on the first quarterly report this year, so we will not adjust the previous performance forecast for the time being, and then follow up the adjustment after the report is clear.

The main reasons for driving the company's performance growth are still: the gradual release of new production capacity of float glass, fine glass and engineering glass, resulting in economies of scale; during the period, the expense rate decreased significantly and profitability improved; investment gains such as the sale of shares in Nanbo and some shares also contributed to profit growth.

The company announced a more detailed equity incentive plan, the launch of the plan is conducive to the stability of the company's management team, make its interests consistent with the interests of shareholders, and promote the sustainable development of the company.

The relevant situation shows that the company's polysilicon project is progressing smoothly and is expected to be trial-produced in the fourth quarter of 2008. This brings the company's solar industry one step closer to success. We are cautiously optimistic about this and continue to follow its changes.

The company has a good medium-and long-term investment value, to maintain the company's investment rating.