Core Viewpoint - The company reported a revenue of 2.47 billion RMB for the six months ending June 30, 2025, reflecting a year-on-year growth of 13.9% despite a cooling film market in the latter part of the reporting period [1] Financial Performance - Revenue for the first half of 2025 was 2.47 billion RMB, with a net profit of 179 million RMB, resulting in earnings per share of 0.16 RMB [1] - The overall film box office in China reached 29.23 billion RMB with 641 million admissions, showing year-on-year increases of 22.91% and 16.89% respectively [1] - However, from March to June 2025, the film market experienced a significant downturn, with total box office revenue dropping to 6.77 billion RMB, a year-on-year decline of 33.68% [1] Market Dynamics - The company maintained a leading position in the number of films released and box office performance, benefiting from strong promotional services and market coverage [1] - The live performance market continued to show high levels of activity and competitiveness during the reporting period [1] - Despite the strong start to the year, the company faced challenges due to underperforming film projects and increased investments in performances and IP-related businesses, which impacted profit margins [1]

Core Viewpoint - Cat's Eye Entertainment (01896) reported a revenue of approximately 2.472 billion yuan for the first half of 2025, reflecting a year-on-year growth of 13.9% [1] Financial Performance - Revenue for the first half of 2025 was approximately 2.472 billion yuan, an increase from 2.174 billion yuan in the first half of 2024 [1] - Gross profit was approximately 936.5 million yuan, a decrease of 19% compared to the previous year [1] - Net profit for the period was 178.5 million yuan, down 37.3% year-on-year [1] - Adjusted net profit was approximately 235 million yuan, representing a decrease of 33.2% year-on-year [1] Revenue Drivers - The increase in revenue was primarily attributed to a rise in earnings from entertainment content services, which grew from 1.024 billion yuan in the first half of 2024 to 1.209 billion yuan in the first half of 2025 [1] - The company achieved a record high in the number of films it controlled for promotion and distribution during the first half of 2025, contributing to the strong box office performance of several films [1]

智通财经APP讯，猫眼娱乐(01896)公布2025年中期业绩，收益约24.72亿元，同比增长13.9%;毛利约 9.365亿元，同比减少19%;期内溢利1.785亿元，同比减少37.3%;经调整溢利净额约2.35亿元，同比减少 33.2%。 公告称，收益增加主要是由于2025年上半年娱乐内容服务所得收益增加导致。娱乐内容服务所得收益由 2024年上半年的10.24亿元增加至2025年上半年的12.09亿元。主要由于2025年上半年公司主控宣传╱发 行的影片数量创历史同期新高，且参与的部分影片票房表现优异。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Maoyan Entertainment 貓眼娛樂 （於開曼群島註冊成立的有限公司） （股份代號：1896） 截 至2025年6月30日止六個月的中期業績公告 董事會欣然宣佈本集團截至2025年6月30日止六個月的未經審核綜合業績。該等 業績已經由審核委員會連同本公司管理層及核數師審閱。 表現摘要 | | 截 至6月30日止六個月 | | | | --- | --- | --- | --- | | | 2025年 | 2024年 | 同比變動 | | | 人民幣百萬元 | 人民幣百萬元 | % | | | （未經審核） | （未經審核） | | | 收 益 | 2,472.2 | 2,170.9 | 13.9 | | 毛 利 | 936.5 | 1,156.2 | (19.0) | | 經營溢利 | 261.1 | 406.9 | (35.8) | | 期內溢利 | 178.5 | 284.8 | (3 ...

智通财经APP讯，猫眼娱乐(01896)发布公告，于2025年8月22日，因购股权获行使而发行800股;根据截 至2024年12月31日止年度的末期股息的以股代息计划而发行1073.5万代息股份。 ...

猫眼娱乐(01896)发布公告，于2025年8月22日，因购股权获行使而发行800股;根据截至2024年12月31日 止年度的末期股息的以股代息计划而发行1073.5万代息股份。 ...

表格類別： 股票 狀態： 新提交 公司名稱： 貓眼娛樂 呈交日期： 2025年8月22日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01896 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | 每股發行/出售價 (註4) | | | | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | | 庫存股份數目 | | ...

Core Insights - The film box office in China has reached 37.377 billion yuan with over 860 million viewers and more than 92.05 million screenings as of August 18 [1][2] - The summer box office has surpassed 10 billion yuan, with domestic films leading the charge [2] - The industry is experiencing a recovery, with a notable increase in high-rated films contributing to box office growth [3][4] Industry Performance - The summer box office has shown strong performance, with 32 consecutive days of daily box office exceeding 100 million yuan [2] - A diverse range of 153 films has been released, catering to various audience preferences [2] - The success of films like "Wang Wang Mountain Little Monster" has highlighted advancements in the Chinese animation industry [2][3] Company Involvement - Several listed companies are involved in the production of popular films, including China Film, Happiness Blue Sea, and Wanda Film [1][5] - The film "Wang Wang Mountain Little Monster" is produced by Shanghai Film Group, with participation from companies like Maoyan Entertainment and Bilibili [5] - The industry is seeing a positive outlook due to government policies aimed at enhancing cultural production capabilities [5] Future Outlook - Upcoming films such as "Death Comes: Bloodline Curse" and "The Cloud Looks Like You" are anticipated to further boost the summer box office [6] - Analysts suggest that the film industry is at a turning point, with potential for a positive cycle of supply recovery and demand release [5]

Core Viewpoint - The film and television sector in Hong Kong and A-shares has experienced a strong surge, with several companies reaching their daily limit increases, indicating a positive market sentiment and potential recovery in the industry [1][2][3]. Group 1: Market Performance - Companies such as Baida Qiancheng, Huazhi Shumedia, and Huace Film & TV have seen a daily limit increase of 20%, while others like Ciweng Media and Huanrui Century have increased by nearly 10% [1][2]. - In the Hong Kong market, Ningmeng Film and Television surged over 35%, with other companies like Xinshi Culture and Damai Entertainment also showing significant gains [3]. Group 2: Box Office Performance - As of August 18, 2025, the total box office for the summer season has reached 9.959 billion yuan, with expectations to surpass 10 billion yuan soon [3][10]. - The number of moviegoers has exceeded 260 million, showing a significant increase compared to the same period last year [3]. Group 3: Notable Films - The summer box office has been led by films such as "Nanjing Photo Studio," "Wang Wang Mountain Little Monster," and "Chang'an's Lychee," with the former achieving a box office of 2.568 billion yuan [10][14]. - "Wang Wang Mountain Little Monster" has become a standout animated film, grossing over 1 billion yuan and receiving high ratings [6][10]. Group 4: Industry Outlook - The film industry is believed to be at the beginning of a new recovery phase, supported by recent government policies aimed at promoting high-quality cultural development [10][15]. - Analysts suggest that the industry is transitioning towards improved business models, with a focus on quality content production and a potential recovery in audience demand [15][16].

今日，港A两地影视板块强势上涨，其中，百纳千成、华智数媒、华策影视20CM涨停，慈文传媒、欢瑞世纪10CM涨停，华谊兄弟涨超7%，幸福蓝海、金 逸影视、横店影视等纷纷上涨。 | 代码 | 名称 | 现价 · | 涨跌 | 涨幅+ | | --- | --- | --- | --- | --- | | 300291 | 百纳千成 | 7.36 | | +1.23 +20.07% | | 300426 | 华智数媒 | 11.57 | | +1.93 +20.02% | | 300133 | 华策影视 | 9.30 | | +1.55 +20.00% | | 002343 | 慈文传媒 | 8.70 | +0.79 | +9.99% | | 000892 | 欢瑞世纪 | 5.32 | +0.48 | +9.92% | | 300027 | 华谊兄弟 | 2.90 | +0.21 | +7.81% | | 300528 | 幸福酷海 | 18.93 | +1.08 | +6.05% | | 002905 | 金逸影视 | 10.03 | +0.47 | +4.92% | | 603103 | 横店影视 | 17. ...