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

2???????

3???????

4???95??

5?????????

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

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