“????”???,??!??????????“???????”??

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

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