Cement: storage investment of Northeast China's Revitalization Plan will be released within the next two years. Rapidly driven by fixed assets investment, regional cement supply gap is large. Real estate: the company’s real estate projects are mainly concentrated in Nanjing and Changchun. Housing prices in Changchun are at the middle & low level among national capital cities and mainly owner-occupied. Therefore, we can remain optimistic about house prices in Changchun. Financial investment: as the largest shareholder, the company supports the development of Northeast Securities.