According to the Everbright Securities Research Report, the conditions for the reversal of the central construction sector are already in place: valuations are low, and the margin of sufficient safety is high; they are optimistic about the infrastructure boom in 2023, and order acquisition is guaranteed; the industry's share of clearance markets is increasing at an accelerated pace, leading advantages are remarkable; policy spring breezes have arrived, and the liberalization of refinancing is gaining momentum. I am firmly optimistic about the value revaluation and sector reversal of construction enterprises, and I am optimistic that the valuations of central construction enterprises will be the first to recover to more than 1PB. The subsequent liberalization of equity financing, marginal improvements in real estate, and reduction in financing costs will continue to optimize the quality of central construction enterprise statements, and achieve ROE restoration and further improvement in cash flow.