1. The sustained and rapid development of the national economy and the arrival of the "automobile era" have generated a strong traffic demand, which has driven the national and regional traffic to be busy. With its fast and convenient advantages, highway transportation has further consolidated its basic position in the comprehensive transportation system and brought favorable conditions for the company's sustainable development in the later period.

2. With the sustained and rapid development of the national economy of the country and Henan Province, the traffic demand will continue to grow rapidly. Moreover, with the continuous improvement of expressway network, the convergence effect of expressway network on traffic volume in the whole highway network system has also begun to appear and will continue to strengthen. In this situation, as an investment, development and operation enterprise of expressway, the company has a good development prospect.

Second, the analysis of negative factors

1. With the diversification of expressway investment and development subjects and the formation of marketization of completed expressway rights transfer in China, expressway development and rights transfer (transferee) are facing competition.

2. With the opening of the new expressway, the continuous improvement of the expressway network and the improvement of the density and accessibility of the road network, the expressway network will produce the effect of traffic flow convergence, and at the same time, it will also make some traffic flows re-select the driving route, which will bring certain adverse effects to the company's development.

With the development of economy, people's production and life are more and more closely related to transportation, and the state may adjust the toll standard and operation period of expressways. The company will face operational risks.

4. Expressway has the characteristics of large investment and long construction period. After the completion, the traffic volume and toll income will gradually increase with the economic and social development, so the investment payback period is long, which brings to the company's operation.

A certain amount of pressure.

Third, the comprehensive evaluation of Hong Kong and Macao information

The company is mainly engaged in the investment and management of transportation infrastructure projects such as high-grade highways, large and extra-large independent bridges. The "One Road, One Bridge" operated by the company and the Luozhu Expressway purchased with raised funds are important sections of the Beijing-Zhuhai National Highway trunk line and the core component of the expressway network in Henan Province, and their strategic position is very prominent. The company's performance is relatively stable and excellent, and the mid-line is worthy of attention.