“???”????,??????????!???????“??”??

??

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

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

?????????

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

????????