1. Company Profile The company's main business is to provide complete industrial intelligent transportation and ingredient solutions, integrating program design, technology research and development, equipment manufacturing, system integration, and sales services. The main products include intelligent and environmentally friendly auxiliary equipment systems on mixers, pneumatic material conveying systems, and automatic batching and weighing systems for small materials. The company is a national high-tech enterprise. It currently has 29 software copyrights, 3 invention patents, and 26 utility model patents. It has obvious advantages in R&D design and mechanical and electrical product system integration. It is an innovative enterprise in Haidian District, Beijing, and was awarded the title of “Top 100 High-Growth Enterprises in Zhongguancun, Beijing” in July 2012. 2. Competitive advantage 1. Technological advantage The company has advanced core technology and continuous innovation capabilities in the industry, so that the company has a clear advantage in meeting the personalized product needs of customers, and can improve the level of industrial intelligence, production efficiency and product stability of customers and their industries through the use of the company's intelligent conveying and batching systems, and enhance their capabilities in environmental protection standards and labor protection. 2. Customer advantages With its high popularity and reputation in the domestic rubber products industry, the company has accumulated rich and high-quality customer resources and has maintained long-term and stable cooperative relationships with many well-known domestic and foreign tire companies and other rubber products companies. The company firmly grasped the opportunities for the gradual strategic shift of the world rubber tire industry to Indonesia, Thailand, Vietnam and other Southeast Asian countries, rapidly expanded the company's market for intelligent conveying and batching systems in Southeast Asian countries, and achieved good results. At the same time, with its technological advantages and brand advantages, the company has rapidly expanded new market segments such as petrochemicals, building decoration materials, new materials, and new energy. Brand advantages will play a more prominent role in the company's future new product promotion and development in new fields. 3. Profit forecast and valuation estimates that the company's 2015-2017 EPS will be 0.70 yuan, 0.84 yuan, and 1.00 yuan respectively. The company is a leading enterprise in intelligent conveying and batching systems and has certain core technology. A recommended subscription rating is given based on the valuation of comparable listed companies, taking into account the current situation of the company. Risk warning: risk of declining gross margin; risk of project delays.