The main investment point is that the increase in market share is the traditional business growth logic that Shenyue Optoelectronics adheres to the quality engineering route. The company's supply chain management capabilities and touch module process level are at the forefront of the industry. We believe that although the current market expects the touch screen industry to be under high competitive pressure in 2014, the company's growth path is an increase in market share. Huawei, Samsung, Yulong Coupe, etc. became customers in 2014. We believe that with the excellent product quality, the company's market share will increase rapidly. Traditional business is growing steadily, driving performance growth. Judging from the information we are currently tracking, the company's products Supply is in short supply. Gartner, a research agency that launched the Internet of Vehicles in 2014, believes that by 2016, people in most mature markets who buy regular car models will expect new cars to provide at least basic global network information. However, as far as premium models are concerned, the tipping point for wireless connected cars will appear in 2014. Many manufacturers will still showcase their latest infotainment (infotainment) solutions and combine sensors in various vehicles with the design advantages of other mobile consumer electronics products to form innovative user interfaces. Tomorrow's cars will eventually be cooler and more creative than smart phones, immersing both drivers and passengers in an enchanting experience. Furthermore, not only will car manufacturers launch new connected car products, but technology manufacturers of various sizes can also be expected to invest more effort and interest in this fastest growing connected device platform. Consumers want useful information and apps that provide entertainment and help find parking spaces to save time and fuel. Consumers also want car dealers to be able to provide personalized, up-to-date software and application updates via wireless means. The forgotten automotive electronics company Shenyue Optoelectronics has always been involved in the automotive electronics market and is a supplier of resistive screens to well-known international and domestic automobile manufacturers. With the development of the automotive Internet, the company has developed capacitive screens for automobiles, using capacitive screens as carriers, and is actively developing the automotive Internet industry. We believe that the company and existing automobile manufacturer customers jointly develop automotive Internet products, which has a first-mover advantage, and automotive electronics will become the company's new growth engine. Profit forecast and valuation. We expect the company's operating income for 2013-2015 to be 4.94, 19.02, and 2,745 million yuan, respectively, with year-on-year growth rates of 2.16%, 285.02%, and 44.32%, net profit - 59.44, 131.34, 210.8 million yuan, and EPS - 0.39, 0.55, and 0.88 yuan. We believe that the traditional touch screen business is growing steadily through the introduction of new customers and increasing market share. The automotive electronics business is the next growth engine. As an automotive electronics company with scarce A-shares, the automotive electronics business will raise the company's valuation level and maintain investment recommendations for purchases.