As its Annual Report of 2007 showed, the company achieved annual revenue of 12.01 billion yuan, up 28.2 percent yoy; net profit attributable to the parent company: 620 million yuan, up 167.4 percent yoy; EPS: 0.37 yuan. Distribution plan: 1.2 yuan cash dividends (before tax) for each 10 shares. In 2007, the company successfully exchanged shares and merged the original controlling shareholder of China Gezhouba Water & Power (Group) Co., Ltd. the gradual growth of the general contractor business’s gross margin made the consolidated gross margin basically stabilized over 15 percent, higher than the contracted construction industry’s average 10 percent or so as a whole. The rapid growth of new contracts provided the protection of the corporation's sustainable and rapid development. During the reporting period, the company’s new engineering contracts saw substantial growth, worth 362 billion yuan, an increase of 116.1 percent yoy. It is expected that EPS will be 0.43 yuan in 2008 and 0.65 yuan in 2009 with 33xPE and 22xPE respectively. With the rapid growth of new contracts and rich contact reserves taken into account, "overweight" rating is given.