Profit forecast: We forecast the company's EPS from 2016 to 2018 to be 0.55, 0.78, and 1.07 yuan, respectively. The current PE multiples corresponding to the company's stock price are 89.2 times in '16, 63.4 times in '17, and 46 times in '18, respectively. The company's valuations in '16 and '17 were far above the average valuation level of the industry; considering the company's potential to achieve high growth in the field of drones and robots in the future, it was given a “recommended” rating for the first time. Risk warning: The risk that the company's e-sports PC peripherals market in the Internet cafe market will not expand as expected; the risk that competition in the consumer drone market will increase.