The P2P business is operating well, and the prospects for the Xingtai platform are broad. The Xingtai Group achieved a total profit of more than 800 million yuan and a net profit scale of more than 400 million yuan in the full year of 2014, and has the ability to provide enterprises with financial services throughout the life cycle. In January 2015, Xingtai Group's Internet financial trading platform, Xingtai Wealth Network, was officially launched. As of September 30, 2015, Xingtai Wealth had issued a cumulative tender for 39 loan projects, achieving financing of 44.82 million yuan for borrowers, a balance of 13.89 million yuan for the platform at the end of the quarter, accumulated revenue for investors of 816,000 yuan, and 1,367 registered investors. As the only listing platform for the Xingtai Group after the equity transfer, Hefei Urban Construction has strong expectations for resource integration. The real estate business guarantees investment safety margin. The balanced layout of second-tier and third-tier cities in Anhui Province ensures that the company has maintained a stable sales and performance growth rate in the current competitive environment in the industry. After acquiring a new project in Feidong in the first half of 2015, up to now the company has a total project scale of 4.04 million square meters and an unsettled area of 2.52 million square meters. It is expected that equity transfer approval will be implemented at an accelerated pace. Since multiple municipal state-owned listed platforms in Hefei jointly issued an announcement in March 2015 to disclose the platform strategy of the Municipal State-owned Assets Administration Commission, the company's equity transfer matters have continued to advance. In July, it received a notice from the Hefei Municipal State-owned Assets Administration Commission, and later it still needs to obtain approval from the State Council's State-owned Assets Administration Commission and approval from the Securities Regulatory Commission to exempt from the tender offer. As state-owned enterprise reforms at the central level continue to advance, approval and pace are expected to accelerate. The company's EPS for 2015 and 2016 is expected to be 0.61 and 0.70 yuan respectively, maintaining the “buy” rating. Hefei Urban Construction is an enterprise that has received a lot of attention during the overall shareholder transfer process in this round of Hefei's state-owned enterprise reform. With the support of Xingtai Group's strong financial assets and business, there is plenty of room for imagination in the future development of the company. The risk suggests that there is uncertainty about the transfer of shares in Xingtai, and that the resource injection price is determined based on the asset evaluation situation.