“??????????”???????,????!??“??”???

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