“??????????”???,???????!??“??”????

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

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