In favour factors:
(1) Steady growth: FY05 Q1 gross margin: 25.09%, EPS 6.86 fen RMB. Q2: 25.66% and 8.66 fen. Q3: 29.97% and 11 fen. Q4 will be reported by 1st Mar. 06.
(2) Increased capacity: announcement on 3rd Jan. 06. Output increased by 12.5% or 20,000 tonnes.
Uncertain factors:
(1) Major shareholder Rise Business Inc. was exiting.
(2) Changed auditors during FY05.
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