“??????????”??,???!??“????”???????

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

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