Stormwind Group disclosed a quarterly report on the evening of April 25th. The announcement indicated that in the first quarter of 2018, Stormwind Group realized an operating income of 387 million yuan, a decrease of 13.7% from the same period of last year; the net loss attributable to the shareholders of the listed company was 29.5417 million yuan. Compared with the same period the previous year dropped 79.27%.
The report shows that in the first quarter, the loss of storm TV products decreased by 45% year-on-year, and the average TV unit price per unit rose 8% year-on-year. The cumulative number of networked terminals increased by 23%, and the daily live ratio was about 60%.
Feng Xin, CEO of Storm Group, stated that '2018 was the year when Storm Group moved away from the long video to the transition of Internet TV and home Internet. The AI+ screen strategy further focuses on All For TV, and Storm TV is based on the 'AI Assistant Strategy' to change lanes successfully. Artificial intelligence, the company focused on promoting storm TV application services, increase Internet TV AI leading edge, promote the continuous upgrading of storm TV hardware products, and further improve the storm TV Internet operation and service capabilities.
In terms of content, during the reporting period, Storm TV added the best friends and movies on the basis of maintaining the original partners of the film and television content, and exported nearly 400 contents, including 180 DTS contents. The number of TVs in the first quarter of Stormwind increased by 10%. In terms of application software cooperation, Storm TV added 82 third-party applications in the first quarter, including 蜻蜓FM, Interactive Bookstore, Mai TV, Daily Yoga and many other well-known third-party applications.
In terms of channels, in the first quarter, the Storm e-commerce platform continued to stabilize the existing main third-party platform, strengthened the distribution of channels such as Suning, Maoning, Taotao distribution, POP stores, and official website, strengthened the depth of e-commerce channels, and formed a full e-commerce platform. Layout. There are 1,046 new retail outlets in offline channels, with a total of 7,246 retail stores, 132 new counties/districts, and 2,113 county/district administrative districts.
Stormwind Group stated that the specific factors driving the change in business income are: In the first quarter of 2018, under the guidance of the 'AI+2 Block' strategy, the core market and user base focused on the new main battlefields - Internet TV and home Internet. The company focused on advancing storm TV application services, increased Internet TV AI's leading edge, promoted continuous upgrading and innovation of storm TV hardware products, further improved storm TV internet operation service capabilities, and at the same time, the company relied on massive users to continuously promote the upgrade of information flow in Internet video services. Improve user experience to increase user stickiness.