Zhejiang Dashang Media Co., Ltd. engages in the research and development, and operation of short video social products. The company is headquartered in Boulder, Colorado and currently employs 465 full-time employees. Dashang Short Video, developed and operated by the Company, is a short video application that integrates short video recording, publishing, sharing and other functions. As a professional short video platform, the Company uses advanced artificial intelligence (AI) technology and big data technology to realize the distribution of short video content while encouraging users to create and watch short video content and realize profit through advertising revenue. The company has a self-developed AI delivery system, feed streaming advertisements in the form of anchor paid promotion, brand business direct investment, and DSP platform distribution.