1. According to the company's prospectus, operating income in 2010 was 320 million, up 31.17% over the same period last year; net profit was 47.9836 million yuan, up 66.03% over the same period last year; according to the company's listing announcement, operating income and net profit increased by 10.7% and-8.88% from January to June 2011.

2. According to the total share capital of 133.8 million shares, the earnings per share in 2010 is 0.36 yuan. According to the unanimous expectation of the organization, the earnings per share in 2011 is estimated to be about 0.41 yuan.

3. With reference to the average PE46.89X of gem, combined with the future development prospects of the industry and the growth potential of the company's performance, give the company a dynamic valuation of 45X-55XPE in 2011.

4. According to the estimated EPS and corresponding PE levels in 2011, the current reasonable valuation should be 18.45-22.55 yuan.