“??”????,???????!??????????“???”??

????(???????????? ??? ? ??????)??,?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,?,??????

?????????:??????