The current equity acquisition of Zhuhai Zhongfu mainly aims to meet Shenyang Zhongfu's demand for increased plant and warehouse space for land and to consolidate the company's leading position in the Northeast market; the joint venture between Henan Zhongfu Preform Co., Ltd. and Wenzhou Zhongfu Plastic Container Co., Ltd. is a consistent development model for Zhuhai Zhongfu to follow beverage manufacturers in the country's production capacity layout, and the total investment does not have a significant impact on the company's financial situation and profitability. According to the stock reform commitment, Zhuhai Zhongfu Industrial Group Co., Ltd., the largest shareholder in Zhuhai Zhongfu, held 24 million restricted shares of the company and obtained partial circulation rights since October 27, 2006. The number of shares that can be sold within one year shall not exceed 5% of the company's total share capital (34.41 million shares), and the selling price shall not be less than 4.41 yuan. The current stock price of Zhuhai Zhongfu is still close to 50% of the restricted sale price. It is expected that the acquisition of circulation rights for the restricted sale portion will have little impact on the short-term trend of the secondary market, but it is expected to increase the stock's trading opportunities. The gross margin of the beverage packaging business in Zhuhai has risen markedly from an average of 21.8% for the full year of 2005 to 25.7% in the first half of 2006. The earnings per share of Zhuhai Zhongfu for 2006 and 2007 are forecast to be 0.20 yuan and 0.29 yuan, respectively. Maintain a reasonable price of 3.5 yuan for Zhongfu in Zhuhai. This is equivalent to 17 times 2006 P/E, 12 times 2007 P/E, 1.2 times 2006 P/B, and 1.1 times 2007 P/B. Based on the judgment that the company's profit will rise rapidly in the next few years, maintain the company's “buy” rating.