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，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何 責任。 IMAX CHINA HOLDING, INC. （於開曼群島註冊成立的有限公司） （股份代號：1970） (1) 授出受限制股份單位及 (2) 授出績效股份單位 本公告乃由本公司根據《上市規則》第17.06A至17.06C條作出。於2026年3月9日，本公司根 據受限制股份單位計劃授出合共855,166份受限制股份單位及根據績效股份單位計劃授出合共 356,916份績效股份單位。 授出受限制股份單位 於2026年3月9日，本公司根據受限制股份單位計劃授出合共855,166份受限制股份單位，相 當於截至本公告日期本公司已發行股本約0.25%。 以下為授出的詳情： | 授出日期 | 2026年3月9日 | | | --- | --- | --- | | 承授人數量 | 二十三(23) | | | 承授人類別 | Daniel Manwaring 先生 （「Manwaring先生」，本公 司執行董事兼行政總裁 ...

IMAX CHINA HOLDING, INC. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1970) Dear non-registered shareholder(s), 9 March 2026 Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications With reference to the notification letter dated 31 January 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", IMAX China Holding, Inc. (the "Company") is writing to remind you that the Company has adopted electronic dissemination ...

IMAX CHINA HOLDING, INC. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1970) Dear registered shareholder(s), Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications (Note 1) With reference to the notification letter dated 31 January 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", IMAX China Holding, Inc. (the "Company") is writing to remind you that the Company has adopted electronic dissemination of corp ...

Financial Performance - IMAX's revenue for the fiscal year 2025 reached $102.34 million, a significant increase from $80.99 million in 2024, representing a growth of 26.3%[71]. - Revenue from content solutions was $33.91 million, accounting for 33.1% of total revenue, up from $15.51 million (19.2%) in the previous year[71]. - Revenue from technical products and services was $66.68 million, making up 65.2% of total revenue, compared to $64.51 million (79.6%) in 2024[71]. - The gross profit margin for content solutions improved to 87.8% in 2025 from 75.8% in 2024, while the gross profit margin for technical products and services increased to 54.1% from 50.1%[73]. - The company's total sales and administrative expenses for 2025 were $14.53 million, representing 14.3% of total revenue, down from 16.1% in 2024[74]. - The company recorded a pre-tax profit of $49.0 million for fiscal year 2025, compared to $29.4 million in fiscal year 2024, indicating a strong performance[128][129]. - Net income for FY2025 was $37.7 million, compared to $22.2 million in FY2024[120]. - Total comprehensive income rose from $20.3 million in FY2024 to $43.2 million in FY2025, reflecting an increase of $15.5 million in net income and $7.4 million in other comprehensive income[121]. Box Office and Market Performance - IMAX China achieved a record box office of $407 million in the Greater China region for 2025, marking a 6% increase over the previous highest level[5]. - The market share in Greater China reached 5.6% for the year, surpassing 5% for the first time, despite accounting for less than 1% of total screens[5]. - IMAX recorded a total of 47 million moviegoers in 2025, further validating its strong performance[6]. - The box office share of Chinese-language films reached 66.4% in the fiscal year 2025, driven by the success of "Ne Zha"[26]. - The share of Chinese-language films in total box office revenue for fiscal year 2025 is 79.8%, up from 76.6% in fiscal year 2024[41]. - IMAX format Chinese-language films accounted for 66.4% of the company's box office in mainland China for fiscal year 2025, compared to 44.7% in fiscal year 2024[41]. Theater Network and Expansion - The company upgraded or installed 25 IMAX theaters in collaboration with Wanda in 2025, expanding its network to over 220 cities and approximately 810 screens[7]. - IMAX China has 810 IMAX theaters in Greater China as of December 31, 2025, with 797 located in commercial areas[24]. - The IMAX cinema network in Greater China is expected to grow from 809 cinemas as of December 31, 2024, to 810 cinemas by December 31, 2025, indicating limited network expansion due to a focus on upgrading existing cinemas to new laser technology[44]. - The company has identified around 1,600 IMAX zones in Greater China, where new cinemas can be opened without negatively impacting existing ones, contingent on population and consumer demand growth[47]. Revenue Sharing and Partnerships - The company has signed revenue-sharing agreements with 491 IMAX theaters, with an additional 176 theaters under contract negotiations, indicating strong future revenue potential[39]. - Revenue-sharing arrangements enable exhibitors to expand their IMAX networks with reduced upfront capital investment, aligning interests between IMAX and its partners[28]. - The company continues to strengthen its strategic partnerships within the film ecosystem, enhancing its content and promotional strategies[7]. - The company has established partnerships with nearly 100 exhibitors, including major players like Wanda Film and Alibaba Pictures[31]. Risks and Challenges - The overall economic and regulatory environment in China poses risks, including legal changes and increased competition, which may impact the financial stability of cinema partners and their ability to fulfill contractual obligations[53]. - The company faces significant risks related to regulatory changes in China, which could impact its operations and growth potential in the region[55]. - Ongoing inflationary pressures may increase the costs of goods, services, and personnel, adversely affecting the company's operating costs[57]. - The competitive landscape in the entertainment industry is intense, with threats from home entertainment options and streaming services that could impact box office revenues[61]. Management and Governance - Robert Lister appointed as non-executive director on May 1, 2023, previously served as Chief Legal Officer at IMAX Corporation since 2018[159]. - The board of directors includes key executives such as Daniel Manwaring (CEO) and Richard Gelfond (Chairman), with changes in the board composition noted[191][199]. - The company has implemented a long-term incentive plan for its directors and senior executives, which is part of its compensation strategy[196]. Cash Flow and Liquidity - Operating cash flow for the fiscal year 2025 was approximately $57.9 million, a significant increase from $30.8 million in fiscal year 2024, representing an 87.6% growth[128][138]. - The company reported a year-end cash and cash equivalents balance of $129.9 million for fiscal year 2025, up from $80.0 million for fiscal year 2024, reflecting a cash increase of $49.8 million[128]. - The company’s liquidity position improved, with net current assets rising from $164.7 million in FY2024 to $211.8 million in FY2025[125]. Strategic Initiatives - The company is focusing on continuous investment in strategic projects, including the IMAX Enhanced business and the development of new products and IP based on the IMAX brand[148]. - The company plans to enhance its IMAX cinema network by upgrading existing xenon systems to new laser systems, optimizing the viewing experience[36]. - The company is actively expanding its cinema development and has established key partnerships with major strategic partners[170].

公司名稱: IMAX China Holding, Inc. 呈交日期: 2026年3月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01970 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 625,625,000 | USD | | 0.0001 | USD | | 62,562.5 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 625,625,000 | USD | | 0.0001 | USD | | 62,562.5 | 本月底法定/註冊股本總額： USD 62,562.5 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致 ...

Core Viewpoint - IMAX China reported a revenue of $102 million for the year ending December 31, 2025, representing a year-on-year increase of 26.35% [1] - The profit attributable to the company's owners reached $37.681 million, marking a significant year-on-year increase of 69.6% [1] - Basic earnings per share were reported at $0.11 [1] Revenue Breakdown - The increase in revenue was driven by a $18.4 million rise in content solutions revenue [1] - Revenue from technology products and services increased by $2.2 million [1] - Other income saw an increase of $0.7 million [1]

Core Viewpoint - IMAX China reported a revenue of $102 million for the year ending December 31, 2025, representing a year-on-year increase of 26.35% [1][4] - The profit attributable to the company's owners was $37.681 million, reflecting a year-on-year increase of 69.6% [1][4] - Basic earnings per share were $0.11 [1][4] Revenue Breakdown - The increase in revenue was attributed to a $18.4 million rise in content solutions revenue [6] - Revenue from technology products and services increased by $2.2 million [6] - Other income rose by $0.7 million [6]

Core Viewpoint - IMAX China reported a significant increase in revenue and profit for the fiscal year ending December 31, 2025, indicating strong performance driven by various revenue streams [1] Financial Performance - The company achieved revenue of $102 million, representing a year-on-year increase of 26.35% [1] - Profit attributable to shareholders reached $37.681 million, marking a year-on-year increase of 69.6% [1] - Basic earnings per share were reported at $0.11 [1] Revenue Breakdown - The increase in revenue was primarily due to a $18.4 million rise in content solutions revenue [1] - Revenue from technology products and services increased by $2.2 million [1] - Other income saw an increase of $0.7 million [1]

Financial Performance - IMAX China reported total revenue of $102.34 million for the year ended December 31, 2025, representing a 26.3% increase from $80.99 million in 2024[8]. - The gross profit for 2025 was $66.81 million, up 51.9% from $44.02 million in 2024[8]. - Operating profit increased to $47.23 million in 2025, compared to $27.52 million in 2024, marking a 71.5% growth[8]. - Net profit attributable to shareholders was $37.68 million for 2025, a 69.8% increase from $22.22 million in 2024[8]. - The company reported a basic and diluted earnings per share of $0.11 for 2025, compared to $0.07 and $0.06 in 2024 respectively[8]. - Total revenue for the year ended December 31, 2025, was $102.343 million, a 26.3% increase from $80.997 million in 2024[29]. - Gross profit for the year was $66.814 million, an increase of 51.9% from $44.017 million in 2024[29]. - For the year ended December 31, 2025, the group reported a profit of $37.681 million, an increase from $22.217 million in 2024, representing a growth of approximately 69.8%[47]. - The company reported a total comprehensive income of $43.162 million in FY 2025, compared to $20.302 million in FY 2024, marking a significant increase[120]. Revenue Segments - The content solutions segment generated $33.909 million in revenue for 2025, up from $15.510 million in 2024, representing a 118.5% increase[29]. - The technology products and services segment reported revenue of $66.683 million in 2025, compared to $64.507 million in 2024, a 3.4% increase[29]. - Revenue from content solutions was $33.91 million, accounting for 33.1% of total revenue in fiscal year 2025, up from 19.2% in fiscal year 2024[108]. - Revenue from technology products and services was $66.68 million, representing 65.2% of total revenue in fiscal year 2025, compared to 79.6% in fiscal year 2024[108]. - IMAX format film box office revenue rose from $199.6 million in FY 2024 to $369.4 million in FY 2025, an increase of 85.1%[124]. Assets and Liabilities - Total assets increased to $377.89 million in 2025, up from $333.57 million in 2024, reflecting a growth of 13.3%[10]. - Total liabilities were $61.90 million in 2025, a slight increase from $59.47 million in 2024[11]. - The company's equity attributable to shareholders increased to $315.99 million in 2025, up from $274.10 million in 2024, representing a growth of 15.3%[11]. - The group’s deferred tax assets as of December 31, 2025, totaled $3.150 million, an increase from $2.670 million in 2024, indicating a growth of about 17.9%[50]. - The company’s total assets as of December 31, 2025, were valued at $149.928 million, compared to $148.964 million in 2024, showing a slight increase of approximately 0.65%[48]. Cash Flow and Capital Expenditures - Cash and cash equivalents rose significantly to $129.86 million in 2025, compared to $80.05 million in 2024, an increase of 62.1%[10]. - The company reported net cash generated from operating activities of approximately $57.9 million in FY2025, significantly higher than $30.8 million in FY2024[165]. - The company’s capital expenditures for fiscal years 2025 and 2024 were $5.8 million and $10.8 million, respectively, mainly for acquiring IMAX cinema systems[174]. - The company’s net cash used in financing activities for fiscal year 2025 was approximately $3.3 million, mainly due to share repurchases and settlement of restricted stock units[170]. Market Strategy and Expansion - IMAX China continues to focus on expanding its market presence and enhancing its digital cinema technology offerings in the Greater China region[13]. - The company aims to enhance collaboration with Chinese film studios to incorporate IMAX technology into local films, thereby increasing the number of Chinese films screened and their box office revenue share[74]. - The company plans to optimize its high-end IMAX theater network in Greater China by upgrading existing xenon systems to new laser systems[74]. - The company aims to expand its audience reach in Greater China through strategic management and operational excellence[73]. - The expansion of the IMAX theater network in Greater China is crucial for the company's operational performance and growth[80]. Risks and Challenges - Risks in the Chinese market include regulatory changes, currency fluctuations, and economic downturns, which may impact the financial stability of exhibitors and lead to delays in fulfilling contractual obligations[90]. - The ongoing political tensions between China and the U.S. could exacerbate risks affecting net profit and cash flow, potentially hindering expected growth in mainland China[93]. - The group faces intense competition from various entertainment channels, including home entertainment and streaming services, which could impact consumer willingness to pay a premium for IMAX tickets[97]. - The group relies heavily on the willingness of consumers to purchase IMAX tickets, with a significant portion of revenue coming from the technology products and services segment, which is directly linked to box office performance[93]. Shareholder Information - The company reported no dividends for the years ended December 31, 2025, and 2024[62]. - The board has decided not to declare any final dividend for the year ending December 31, 2025, due to uncertainties in the Chinese market and the company's cautious capital allocation strategy[189]. - IMAX Corporation held a 71.57% equity stake in the company as of December 31, 2025[63].

Group 1 - IMAX Corporation achieved a record box office of 193 million RMB during the Chinese Spring Festival holiday, with three out of the top five films being IMAX titles, contributing 3.4% of the total box office despite only having 1% of the national screen count [1] - The film "Fast and Furious 3," produced by Maoyan Culture Media, earned 166 million RMB in its opening week, marking the best performance for an IMAX Chinese film since the hit "Ne Zha" last year, and set a new record for the series [1] - The film features nearly ten automotive brands, including Audi, Volkswagen, Lynk & Co, and BYD, showcasing a competitive lineup of traditional fuel, luxury performance, new energy, and smart vehicles, creating a marketing spectacle likened to a "Spring Festival Gala" for car brands [1] Group 2 - IMAX is deepening its presence in the Chinese market and is set to help outstanding domestic films reach international audiences, with "Fast and Furious 3" scheduled for exclusive release in select IMAX theaters in North America, followed by screenings in the UK, Australia, and New Zealand [2] - IMAX views film as an important medium for cultural expression and collective memory during festivals, with CEO Richard Gelfond noting strong global box office momentum and leading market share, particularly during the lucrative Spring Festival period [2]