Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

Production / IP

Dianzhong (点众)

Key facts

Operator / parent
Private; two ChiNext listing applications have been withdrawn
Origin
China
Headquarters
Beijing
Category
Production / IP

Dianzhong is a Beijing full-stack duanju group that produces titles, buys traffic (投流) and operates apps, including DramaBox. It has made more than 6,000 dramas at a rate of about 40 to 50 a month, of which about 300 have been taken overseas (出海). The company put group revenue at about CNY 5bn in 2023 and its segment net margin below 1%. It remains private after withdrawing two listing attempts.

Dianzhong (点众) revenue and key figures

Reported revenue: group revenue about CNY 5bn in 2023; segment net margin below 1% (company, Dianzhong)

MetricFigureBasisSource
Revenuegroup revenue about CNY 5bn in 2023; segment net margin below 1%companyDianzhong
Outputmore than 6,000 dramas; about 40-50 a month; about 300 taken overseas (出海)no basis given—

Profile

Content
Full-stack: production, traffic buying (投流) and apps, including DramaBox.