“????”???????,??????????!???“??”??

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

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