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

2??????????

3???????????

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

5?????600?????

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

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