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

2???????

3?qq???

4???????

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,???????????????,????????????

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