The company's valuation advantages are obvious

The company gradually formed a power cable and communication fiber optic cable Two main main business structure, fiber optic cable after 2009 years of high prosperity, a decline, but with the company's Precast rod project construction, is expected to ease the company's cost pressures.　　Benefiting from the demand of smart grid for special conductors, power cables gradually increase the proportion of special conductors ' income in the scale promotion. At the same time, the company also increased the development of new business varieties, is expected to achieve import substitution. In addition, the sea cable business is the focus of the company's third major investment, but also become one of the biggest potential growth points. Therefore, the company has not taken into account the 21.6 million shares of light technology investment income based on the expected 2010~2011 earnings per share of 1.34 yuan, 1.50 yuan, corresponding to the current share price (July 2 16.87 yuan) valuation advantages.