“???”???????,??!????“??”??????????

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