1. Company Profile The company's main business is R&D, production and sales of high-performance aluminum alloy materials and their machined products. The products manufactured by the company can be divided into three categories, namely forgings, extruded parts, and machined parts of high-performance aluminum alloys. The products have characteristics such as high strength, high toughness, and corrosion resistance, and can be widely used in nuclear energy, aviation, aerospace, military, electronics, transportation, machinery and equipment manufacturing and other industries. The company is one of three qualified suppliers of high-performance aluminum alloy materials for special equipment for nuclear fuel processing in China. Currently, the company's products are mainly used in the nuclear fuel production equipment manufacturing industry, that is, according to the variety specifications and technical standards required by this industry, it provides high-performance (high strength, high toughness, corrosion resistance) aluminum alloy materials and machined parts for special equipment for nuclear fuel processing. 2. Competitive advantage Since its establishment, the company has paid close attention to the country's policy orientation in the field of aluminum alloy materials and the development direction of the aluminum alloy materials industry, and determined that the company's development strategy is to develop and produce high-performance aluminum alloy materials to meet the development needs of key national support fields such as nuclear energy, aerospace, national defense and military industry, etc. Therefore, the company actively contacts and contacts with research institutes under CNNC to track the development and production of high-performance aluminum alloy materials for special equipment for nuclear fuel processing. With strong technical research and development capabilities, the company has organized and implemented research and development of high-performance aluminum alloy materials for early special equipment since 2007, and became a qualified supplier of high-performance aluminum alloy materials for early special equipment of CNNC machinery in 2008. Since then, the company has continued to carry out research and development of new specification materials, and through the evaluation and certification of CNNC machinery, it has become a qualified supplier of materials with new specifications for special equipment. At present, the company has mastered the production technology of high-performance aluminum alloy materials for special equipment of all specifications. 3. The profit forecast and valuation estimate that the corresponding diluted EPS for 2015-2016 will be 0.88/0.98 yuan, respectively. This fund-raising and utilization project will be used to build multiple production lines, enhance the R&D capabilities of the technology center, and create the necessary environment and conditions for the company to carry out technological development and continuous innovation. By implementing the core technology it has mastered, the company will seize favorable opportunities for the country to focus on developing nuclear power, and rely on the implementation of this fund-raising project to greatly increase the company's production capacity, further increase market share, and promote rapid growth in the company's future operating income and profit. Based on the company's strong competitiveness and low price-earnings ratio of distribution, a recommended subscription rating was given. Risk warning: Policy adjustments over a specific period may bring certain risks; customer concentration may cause related risks; fluctuations in raw material prices will have a greater impact on the company's operations; risks caused by nuclear power safety accidents.