Founded in 1998, Novel- Super TV was listed on the New York Stock Exchange in 2007 (NYSE:STV). Novel-Super TV has concentrated on digital content protection for over 18 years and has served more than 400 operators with 130 million smart cards deployed in 30 countries around the globe. It offers customized end-to-end solutions for content security and operational support including single-way and two-way CAS (Conditional Access), DRM (Digital Right Management), SMS (Subscriber Management System), BOSS(Business Operation Support System), EPG (Electronic Program Guide), Multi-screen, Cyber Cloud, IPQAM, Smart Gateway, VR and etc. Novel-Super TV has concentrated on digital content protection for over 18 years and has served more than 400 operators with 130 million smart cards deployed in 30 countries around the globe. NSTV will increase the investment in overseas market and involve in some operations to expand our business in Southeast Asia, India, Africa and other competitive markets. Besides traditional products promotion, we also plan to invest, finance and participate in some national digital TV projects.