Announcement content: The company plans to issue no more than 187.3 million shares to no more than ten specific targets at a price of 1,068 yuan/share, and raise no more than 2 billion yuan. The net capital raised after deduction of issuance fees is intended to be used for the Pingtan Haitianfudi Beautiful Village and Tourism and Leisure Resort Comprehensive Development and Startup Project, the Pingtan Strait Medical Park Construction Project (Phase I), supplementary working capital, and repayment of bank loans. A strong alliance with Comfort Travel Agency unleashed the huge potential of tourism in the Pingtan Comprehensive Experimental Zone. On September 12, the company signed an “Investment Agreement” with the Pingtan Management Committee and Comfort Travel Service for the “Pingtan Haitianfudi Beautiful Village and Tourist and Leisure Resort Comprehensive Development Project”. The total planned investment is about 3 billion yuan, of which the initial project investment amount is about 1,374 billion yuan, and the construction period is 2014-2017. The project mainly includes the construction of a tourism and leisure business service complex, the construction of a self-driving sports and leisure base, and the construction of a beautiful rural tourism, leisure and vacation demonstration zone to form a complete characteristic rural tourism industry chain, and the construction of a comprehensive tourism and leisure area integrating “food, drink, play, fun and travel” in the southern region of the Haitan National Scenic Area. With the opening of the Strait Bridge and the double track, the commencement of construction of the second channel railway road, and the full advancement of infrastructure such as “one ring, two vertical and two horizontal” urban roads and port terminals, the Pingtan tourism industry has matured, and the development of the tourism industry is ushered in major development opportunities. Graft Taiwan's high-quality medical resources to build an important health and medical center in Haixi. The Pingtan Strait Medical Park Construction Project (Phase I) has a total investment amount of 445 million yuan. The construction period is 2 years, including the four sub-projects of Pingtan Strait Rehabilitation Hospital, Pingtan Strait Otorhinolaryngology Hospital, Pingtan Strait Dental Hospital, and Pingtan Strait International Aesthetic Hospital. The functions are positioned as first-class technology, first-class service, first-class environment, and first-class equipment, representing high-level medical technology from both sides of the Strait, which integrates specialist medical care, special medical treatment, health care and rehabilitation, scientific research, medical personnel training, and international medical exchanges and cooperation. Combining tourism, leisure and vacation center projects to create tourism and leisure Healthcare industry. Risk warning. The construction progress and return rate of the fund-raising project fell short of expectations. Profit forecasts and valuations. The completion of this fund-raising project will greatly enhance the company's tourism development and medical service capabilities, form new profit growth points, enhance the company's market competitiveness and business performance, and lay a solid foundation for strategic transformation. Supplementing working capital can directly improve the company's cash flow situation and reduce financial expenses, which is conducive to enhancing the company's financial soundness, and the financial structure will become more reasonable. We expect the company's 2014-2016 EPS to be 0.12 yuan/0.50 yuan/0.65 yuan, corresponding to PE93/22/17 times, maintaining the “increased holdings” rating.