Zhangyue Technology: Short dramas have become the company's largest business sector in the first quarter of this year.

During investor research, Palm Reading Technology stated that the company will start developing short drama businesses in the first half of 2023. The revenue from short dramas last year was 776 million yuan, and in the first quarter of this year, the short drama business continued to grow rapidly, becoming the company's largest business sector and entering the industry's top ranks. At this stage, the company's revenue from short dramas mainly comes from mini-program short dramas. Based on the company's rich content reserves and expanding production capacity, the company will gradually promote its own short drama app platform this year, including the free short drama app "Quick View Short Drama" and the paid short drama app "Now Showing," to achieve a positive interaction between mini-program short dramas and the company's own short drama app.