Event: Recently, the company announced the “2016 Semi-Annual Operating Data Announcement” and the “2016 Semi-Annual Performance Forecast Announcement”. Comment: The performance of the semi-annual report increased sharply, and the large expected return of debt was the main reason. According to preliminary estimates by the company's finance department, net profit attributable to shareholders of listed companies is expected to be about 150 million yuan to 175 million yuan in the first half of 2016, an increase of 300%-370% over the previous year. Net profit attributable to shareholders of listed companies: 37.088 million yuan. Earnings per share: 0.0689 yuan. The return to estimated debt of 12 million yuan is the main reason for the sharp increase in the company's performance. Among them, according to the relevant judgment and the bankruptcy ruling of Leshan Ledian Tianwei Silicon Technology Co., Ltd., the company transferred back its estimated debt of about 37 million yuan; the company sued Baoding Tianwei Baobian Electric Co., Ltd. and confirmed claims of 73.8 million yuan and interest in the final trial. Furthermore, the holding subsidiary Leshan Mojiang Coal and Electricity Co., Ltd. drastically reduced losses over the same period last year due to the completion of personnel placement and disposal of some assets, boosting performance. In 2014, Mojiang Coal and Power, a subsidiary of the company, lost 179 million yuan respectively. In 2015, the company accelerated the asset disposal and personnel placement process following the policy closure of the Mojiang Coal and Power Company. In 2015, the loss was drastically reduced to 41.9947 million yuan. The influence of Mojiang Coal and Power Company on the company's subsequent performance continued to weaken until it no longer dragged down the company's performance. The sales volume of the electricity, natural gas, and tap water businesses all increased to a certain extent. In the first half of 2016, the company's power generation capacity reached 276.31 million kilowatt-hours, a year-on-year increase of 69.58%, electricity sales of 1314.73 million kilowatt-hours, a year-on-year increase of 27.91%, gas sales of 63.4 million cubic meters, a year-on-year increase of 10.84%, and sales volume of 13.33 million cubic meters of water, an increase of 4.57% over the previous year. Among them, Qianwei County Zhengxin Investment Co., Ltd., a wholly-owned subsidiary (holding 100% of shares in Leshan Chuanqian Electric Power Co., Ltd.), was included in the scope of the company's consolidated statements in May 2015. From January to April 2016, Leshan Chuanqian Electric Power Co., Ltd. generated 3.68 million kilowatt-hours and sold 214.74 million kilowatt-hours of electricity. After deducting Chuanqian Electric Power, the company's power generation increased by 49.54% year on year.