“????”???????,???!??“??”??????????

??

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

????:??

?????????

?????“????”???????,???!??“??”???????????????

????????