In the first half of 2011, the company achieved revenue of 418 million yuan, a sharp increase of 124.73% over the previous year. The main reason for the increase in the company's revenue was the increase in sales of the company's product monocrystalline silicon growth furnace and the acquisition of part of the shares of Shanghai James Electronic Materials Co., Ltd. to form a new source of profit. Shanghai James Electronic Materials Co., Ltd., a holding subsidiary of the company, began a consolidated statement with the parent company. The net profit for the reporting period was 33.610,400 yuan. Since the company held 68% of its shares, net profit attributable to the parent company was 21.145 million yuan. In the second quarter of 2011, the company achieved revenue of 275 million yuan in a single quarter, a year-on-year increase of 122.77%, an increase of 93.58.43% over the first quarter, and net profit attributable to shareholders of listed companies of 28.03 million yuan, an increase of 13.51% over the previous year. The company has basically completed the layout of the core components of the crystal growth furnace through several acquisitions. Furthermore, the operation of the company's polycrystalline silicon wafer demonstration plant has entered a normal trajectory, and small batch sales of polycrystalline furnaces have been achieved. Meanwhile, the company used overraised capital to develop and produce MOCVD equipment in a joint venture with Huasheng Optoelectronics Equipment (Hong Kong) Co., Ltd., and the company expects to complete prototype development in early 2012. The company has done a lot of work in diversifying and expanding the photovoltaic and LED equipment industry chain, but we believe that the biggest driving force for the company's performance still comes from the breakthrough in the polysilicon ingot furnace project. Before the polysilicon project achieved substantial results, we gave the company a “careful recommendation” rating. Judging from 2011 to 2013, the company's EPS was 0.865,1.540,2.099 yuan, respectively.