“???????”??????????,????!??“???”??

??

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

??:?????

?????????

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

????????