Dialog wearables app XCODE Error

Hello,

I was sent the source code for the IOS app of IOT smartbond and tried starting working on it.

I opened the 'dialog_wearables_ios.xcodeproj' in XCODE and tried to run it.
The result was that "Build Failed" and there were about 185 ISSUES (yellow) and 139 ERRORS (red).

I'm using Xcode 6.4.

不是应该正常运行的源代码xcode and simulator if i don't change anything?

Thank you,

Aris