Specific content please see annex

Company is a supplier of large integrated plastic pipes.　　The company market share ranks the forefront of the industry, is currently the chemical building materials industry, production of the largest and most necessary ability strongest swtor power leveling, broadest market coverage of professional one of the major manufacturers. Plastic pipe industry competition remained fierce, industry demand in the future there is still room to grow. 2005-20105% annual growth in global output of plastic pipes, China has also become one of the plastic pipe production and application of power. Plastic pipe industry low barriers to entry, plastic pipe products in General serious oversupply, excessive competition in the market. But industry demand growth ahead ... business model effectively reduces operating costs, ensure profit. Company channel distribution of theDistribution mode, as well as in product rapid triage can be maintained with lower cost of sales operations and transferring projects accounts receivable risk, lower financial costs, partly to ensure a company's profitability. Raise the tender opening capacity bottlenecks star wars the old republic, but the focus remains in the low-margin traditional products in the future. This fundraising after the completion of investment projects, main products of the company's production capacity will be greatlySite growth, which will help solve the problem of companies at present there is insufficient capacity.　　But the company's future development focus remained profitable traditional products of PVC pipe, plastic pipe industry has been very fierce competition, the company is the leader in the industry, are still more difficult. Firm performance and valuation. Projected EPS were 0.85 company 2011-2013,1.31, $ 2.16/share, at the current valuation of 15-20X shares 12.75-reasonable interval between $ 17. Investment advice.　　Priced right may be involved in purchasing. (Specific content please see annex)