Ping An Trust White brings to life. We believe that the White Ping An Trust's impact on the company is mainly positive, positive, and its main function can be summarized as management level to ease liquidity pressure, releasing security risks and repayment pressure, reduce financial costs, promote the overall assets of the Group listed five areas.

　　Grid inverters - or into the future potential growth. Company developed the product - grid inverter has been through experimental testing stage, officially to the market for sale. This is the first successfully developed with independent intellectual property rights of wind power equipment, currently there is no similar domestic equipment production. From recent years, China's wind power development momentum point of view, it would be a huge market. Optimistic estimates, grid inverter business in late 2010 will reach its EPS 0.29-1.17 million.

　　Investment advice: We expect the company results for 2008 to 2010 were 0.11 yuan, 0.44 yuan and 0.48 yuan. Secondary equipment by more than 50 times the industry average PE of view, taking into account the valuation industry is much higher than the overall market valuation, downside risks in the full estimated valuation premise, we give it 35-40 times earnings is appropriate , the company's share price at a reasonable 15.4-17.6 yuan, giving a "hold" rating.