In 2015, the company achieved operating income of 652 million yuan, an increase of 68.85%; achieved operating profit of 161 million yuan, an increase of 395.34%; and the company's net profit attributable to shareholders of listed companies was 173 million yuan, an increase of 313.23% over the previous year. The basic earnings per share is $0.70, and the profit distribution plan is no distribution. Actively cultivate multiple profit growth points after listing. After the company went public, it established the development strategy of “DT Entertainment”. On the basis of the steady development of the original Internet video business, virtual reality (VR), smart home entertainment hardware, online interactive live streaming, and film and television culture were new growth points. In 2015, the company achieved revenue of 652 million yuan, an increase of 68.85% over the previous year, including brand advertising revenue of 212 million yuan, an increase of 70% over the previous year, and VIP users' value-added business revenue of 214.561 million yuan, an increase of 1371% over the previous year. The company has built and perfected the virtual reality platform “Storm Magic Mirror”, the smart home entertainment hardware platform “Storm Watch”, and the online interactive live streaming platform “Storm Show”. In 2015, the new products “Storm Mirror” and “Storm Super Body TV” were launched with a good reputation and high recognition from users, and the market response was enthusiastic. In 2015, the sharp increase in the company's investment income was due to the transfer of part of Storm Mirror's shares. Actively invest in content and acquire high-quality assets. While expanding the user platform, the company attaches importance to content investment and actively lays out high-quality upstream content. Through copyright procurement, external cooperation, Storm production and self-production, we have achieved comprehensive content coverage of new hit dramas. Through mergers and acquisitions, procurement, and independent research and development, it is possible to obtain massive high-quality resources for VR content, super TV content, and platform content. On March 14, 2016, the company announced that it intends to acquire Ganpu Technology, Straw Bear Pictures, and Ridong Technology to rapidly expand the Internet game and film business through acquisitions and open up the content side of the “DT Entertainment” industry chain. Profit prediction and valuation: The company gradually evolved from a single Internet video platform before listing to a comprehensive Internet entertainment platform integrating Internet video, virtual reality, smart home entertainment, online interactive live streaming, film and television culture, Internet games, and O2O, and continues to build a global Internet entertainment platform through endogenous and external extension. Net profit due to mother in 2016-2018 is estimated to be 166 million, 270 million, and 383 million yuan, respectively. Diluted EPS is 0.70, 0.98, and 1.40 yuan, respectively, and the corresponding PE is 124, 76, and 54 times, respectively. The company's DT Entertainment layout is getting better, and we are optimistic about the company's future development. Covered for the first time, giving a prudent recommendation rating. Risk warning: market competition risk, restructuring approval risk, company management risk.