Conclusion: It was announced that the controlling shareholder, Mr. Dou Jianwen, bought 3.848 million shares through bulk transactions and secondary market bidding, accounting for 1% of the company's total share capital, demonstrating the majority shareholders' optimism about the company's future development prospects and the long-term steady growth of the domestic capital market. There is still a lot of room for current stock prices, and further increases in holdings in the future are not ruled out; OPEC production cuts have helped the international oil price crisis to rise, and the company plans to increase investment in overseas unconventional oil and gas exploration by 137 million yuan, which is conducive to a significant increase in overseas oil and gas exploration, which is conducive to a significant increase in performance and is the most direct benefit of rising oil prices. One of the most resilient targets, maintenance In 2016-2018, EPS remained unchanged at 0.11/0.25/0.37 yuan, the target price remained unchanged at 20 yuan, and the increase rating was maintained. The large increase in shareholders' holdings shows confidence in long-term development, and further increases in holdings in the future are not ruled out. The company announced that the controlling shareholders bought 542,000 shares through major transactions (buying 3.306,000 shares held by the company's employee shareholding plan) and secondary market bidding, increasing their holdings by 1.00% in total, and their total shareholding increased to 17.86% after the increase in holdings. Against the backdrop of a sharp decline in GEM stocks, the large increase in holdings against the trend further highlights the confidence of the majority shareholders who are optimistic about the company's future development, and judging the company's series of capital operations in recent years (entering North American oil and gas exploration, Qinghe Machinery, laying out oil field environmental protection, and participating in the core of Jiahua Instruments) During the performance harvest period, a trend of significant improvement in performance upward has been established 。 It is proposed to increase Haier's US capital by 137 million yuan. The rise in oil prices is one of the targets that benefit most directly and has the greatest flexibility in performance. The company currently owns the Niobrara Joint Development Zone (10% of Hammer's equity) and the Permian Basin Independent Development Zone in North America. The former produces about 1 million barrels of oil and gas equivalent per year, and the latter has an annual extraction volume of about 20,000 barrels (a single well's daily output is about 70 barrels, and the 2017 plan is to increase from 3 wells at the beginning of the year to 10). Given the rise in oil prices and the sharp increase in stocks, performance is very flexible. Risk warning: International oil prices have fallen sharply, and the performance of participating companies has fallen short of expectations.