By TX Investment Consulting Co., Ltd.
In 2008, the company gained operating revenue of Rmb547mn (+12.87% yoy), operating profit of Rmb25.6183mn (-40.04% yoy), net profit attributable to parent of Rmb22.7726mn (-37.60% yoy) and basic EPS of Rmn0.12; additionally, the company distributed pretax Rmb0.7 cash for every 10 shares. Earning forecast and rating: We lower its 2009-2010E EPS to be Rmb0.09 and Rmb0.11 .......