1. A technology-based company needs more management and resource support to grow into an international enterprise. Mr. Song Bin's addition provides more possibilities for this. It can be seen from the resume of the new director, Mr. Song Bin, that since graduating from the Metallurgical Machinery Department of Anshan Iron and Steel Institute in 1994, Mr. Song Bin has been working for Baosteel Group. Just as Dr. Wu Daohong has been deeply involved in the combustion field for 20 years, Mr. Song Bin has been deeply involved in the steel field for 20 years, and has practical business experience in various aspects such as technology, management, procurement, and trade. Meanwhile, Mr. Song Bin's management experience in the steel industry, business resources and technical industrial energy saving company Shenwu Energy have formed a high degree of complementarity of advantages. In the future, it will bring a new atmosphere to Shenwu energy saving development in terms of both management and business development. (1) Baosteel has 20 years of work experience and joined Shenwu Energy Saving, and the company's clean smelting technology should be highly recognized. Mr. Song Bin has more than 20 years of work experience at Baosteel. Joining Shenwu Energy Saving at this time should have given him high recognition for the company's clean smelting technology and also provided strong endorsement for the company's technology. (2) The newly appointed directors have extensive management experience, which will be of great benefit to improving the internal management of technology-based companies. Judging from Mr. Song Bin's resume, Mr. Song Bin has held positions such as personnel department and party committee secretary (supervisory cadre, personnel) for many years, and also studied for EMBA at the China-Europe International Business School from 2001 to 2004, and is experienced in internal management of large companies. However, for Shenwu Energy Saving, starting out as a technology-based company requires a higher level of management to match that. Mr. Song Bin's rich management experience will be of great benefit to improving the company's internal management. (3) Having worked in the steel field for more than 20 years and accumulated customer resources, it is highly compatible with Shenwu's energy-saving business direction. In the future, in-depth cooperation with Baowu Group's major customers will have more possibilities. Shenwu Energy's main business includes 3 blocks: comprehensive treatment of solid waste in the bulk industry, clean smelting of mineral resources, and energy saving and environmental protection process reengineering. Its main customers are concentrated in the field of steel metallurgy. On the one hand, Mr. Song Bin's work experience in Baosteel Group for more than 20 years has accumulated sufficient contacts within Baosteel Group and the steel industry, which will greatly complement customer resources in the field of Shenwu Energy-saving Steel and Metallurgy. In the future, it will promote more in-depth cooperation between Shenwu Energy Conservation Company and Baowu Group's major customers, and will also promote more in-depth cooperation within the steel industry; on the other hand, in 2014-2017, Baosteel's development business, where Mr. Song Bin is the president, also has some similarity with Shenwu Energy Saving Business. He also has sufficient experience in market expansion for Shenwu's energy-saving business. In the future, Shenwu Energy's business development prospects will be more clear. 2. Dr. Wu Daohong has increased his holdings before, and since then, Shenwu Group still has actual control over Shenwu Energy Saving. In the future, there will still be strong support for Shenwu Energy's development, and he is firmly optimistic about its prospects. The early increase in holdings shows confidence: On February 24 and February 27, 2017, the trust plan in which Chairman Wu Daohong, Vice Chairman Wu Zhiyong and many other executives participated jointly increased the company's total shares by 4.13 million shares through second-level market bidding transactions, accounting for 0.65% of the company's total share capital, and the average increase price was 32.13 yuan/share, reflecting the firm confidence of senior executives, including Dr. Wu Daohong, about the long-term development prospects of Shenwu Energy. In the future, Shenwu Group will still be the controlling shareholder, and Dr. Wu Daohong will still be the actual controller of Shenwu Energy, helping the company develop: Dr. Wu Daohong, through the Beijing Shenwu Group, indirectly holds shares of Shenwu Energy Saving Company, accounting for 55% of the company's total share capital, and is the actual controller of Shenwu Energy. Although he has resigned as chairman, the status of the actual controller has not changed, and will also give strong support to the company's long-term development. 3. There are plenty of on-hand orders and huge market space. Continued high performance growth will rapidly digest valuations and maintain the “Highly Recommended - A” rating, with a target price of 51.8 yuan. If Shenwu environmental protection is a technological disruption to petrochemical processes, Shenwu energy saving is a technological revolution in metallurgical production processes. Its production process can solve world-class problems in various smelting such as low-grade ore smelting and slag utilization. According to estimates of China's current consumption of crude steel, nickel, vanadium, titanium, chromium, iron, solid waste, etc., China's clean smelting and energy-saving technology has a market space of 3.2 trillion yuan; corresponding to the world, there is 6.4 trillion yuan of technological transformation space, and Shenwu's long-term energy saving space is huge.