On June 19, the short drama sector of the A-share market rose abnormally in the afternoon. As a new form of film and television spawned by the mobile Internet era, short dramas have experienced explosive growth since 2023. As of 2024, the scale of micro-short drama users in my country has exceeded 600 million. Oriental Securities Research Report believes that the short drama platforms created by Chinese SMEs overseas are currently in a period of high revenue growth, and the first-tier overseas platforms have the potential to become oligopolies in the future. According to statistics from Securities Times Databao, there are 39 listed companies in the A-share market that have deployed short dramas. From the first quarter report, 14 companies' net profit attributable to their parent companies increased year-on-year, 5 companies turned losses into profits, and 2 companies reduced losses. Among the listed companies with increased net profit, Xingfu Lanhai, Zhejiang Wenlian, Mercedes-Benz Information and Huace Film and Television ranked first in year-on-year growth. From the perspective of institutional attention, the companies with the highest number of institutional ratings include Kaiying Network, Mango Super Media, Perfect World, Shanghai Film, Huace Film and Television, Gravity Media and Bona Film Group.