????:1???????????:???????

2?????????????

3????????

4???????????

5???????????

?????(???? ????? ?? ????????????)???????????????,????????1?31??????13??15???????,2025??????????(?????)??????60????????????,???

«???»«????1900»«???:??»?????????????????2025???????«?????????????:??»«????????????????»«?????1900»«??»«?????????????»«???????:??»?????????

???,?????????????????????????????????????????????????,???????????????????????????????IP,???????,???

?????????

?,??,?????????«?1900»????????????????300??????????,????1900?????????«????????????????????»1:1???????????120?????????????11???????????????????????????16??????“????????”,??????«???»?????«????:?????»??????????,?900???????????????????50???????????2000?,???

??6???,??5????????????????IMAX?CINITY??????????,????“?????????????”?????????,??????????????????????“?”????,?????

??:?????,IMAX????4540??,???«??:????»IMAX??????????,???????40%???1????29?19?,????IMAX???????7000?????????????,??????????????3808??????,?????2.8%??????????????????4.1%,????????

???????

??,?????????????????,???????«??????????:??»???,?????????????;«?»?????,??;«???????»??,?“?”???,????????????,???????,??,????,???????????

???????????????IP??

?IP(Intellectual Property)?

??????????“???”??????2015?????????????????,???????2018???????????2021???,????,?????????????????“???????????”????????????????????????????????IP????

2019?«?????????????????»??????????50.7????,??,????????«????»????????????????,???

2023???«??»???????,???????????????????25???????????????,??«?????????????????:?????????»??“??????”??????????????????,?????

????????,??????????,?????IP,???,?????,????007??????????IP?

??:?,????IP?,????????????,??????????????????«??:???»???????????,?????????????IP????????

?

2025?????????????????,?????

???????????3300????,????????1?29????(?)???2?16???????????(?????)??????,??????,??????????,?????????????300????????????????,????????250??

????????3800?????,????????,?????????????20????????????????????????????????????2500????,???????4000??????????????,?????????????????????????????????????????????,??,????,?????

???????????????“??????????????”??

???????????????,2024????????425.02??,???????2024?(2????10????-2????17?????????????????)??80.16???????????????,??????????????????,??,????2022-2024????,2024??,???????????,?????????????????????,??????2018??10%??2024????????????????19%,?????????????????,6????????,?????????

???????,??,2025??????????????????,????2025????85.4?????,???????6.7%,????,?????????2025????????;????????,?????????????84???????????????,????????????????????????????????????????,??????????????????????????????????????????????

?????????,??????????????:

????,?????????????????????????????,????????????,??

????????????????,?????,????,?????????,???????,????????????????????,???????????????????,????????????????????????????????????????

????????“??”????????????“???????”?????????????????,??,????????????????«???»????,??????????,?????????????????«??????????»??????50.35???????????????????,?????????,????????24???????????,25??????????????????,???????“??”??;«????1900»?,?????,?,????2025??????????,??????????????,???????????????????????9??????9.2????,???????????“?????”,??????????????????????????????????,????,????????????“??”????????????????,????????????2024????2026?49?????66.1????????87.3???,???????????????????,????????(????)+??????????(????)+???????(??)??,????????,????,??,??

2025??

1???????29?????(?????????????????)?????18.05????????,??3515???????????,???,????????????2021???????????????2024????????80.16???????,??????????????????????????????,????????????????????????

???:«???????????????????»???????55??????,«?????1900»??????????????????«???????:??»??36???15????

???????,?2024????????????80???????,???????

????,??????????,?????????????????,????????????????,????,???????IP,???????,???

??:???