“??????????”??,???!??“???????”????

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