Core Insights - The total box office for the "2025 National Day Holiday New Film Box Office List" has exceeded 700 million yuan as of September 28, with the film "Thunderous" leading with a pre-sale box office of 206.6 million yuan [1] - The diversity in film genres and overall quality remains strong, catering to various audience preferences [1] - The National Day holiday box office is expected to reach 2.4 billion yuan, supported by historical narrative themes and an extended consumption window due to the holiday [1] Film Performance - Eleven new films are scheduled for release during the National Day and Mid-Autumn Festival, with "Thunderous," "Assassination of the Novelist 2," and "The Volunteer Army: Blood and Peace" competing for the top box office spot [2] - "Thunderous" has eight production companies involved, including three listed companies, while "Assassination of the Novelist 2" has five production companies, including three listed ones [2] - The trend of sequels, series, and IP-based films is prominent this year, indicating a maturation and industrialization of the Chinese film industry [2] Market Dynamics - The current market is characterized by content supply driving box office elasticity, with a stable daily average box office expected around 300 million yuan, consistent with last year's performance [2]

Market Overview - The film and theater sector experienced a decline of 2.31% on September 26, with Huace Film leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Individual Stock Performance - Huace Film (300133) saw a significant drop of 5.21%, closing at 9.27 with a trading volume of 1.31 million shares and a turnover of 1.23 billion yuan [2] - China Film (600977) decreased by 3.86%, closing at 14.95 with a trading volume of 604,200 shares and a turnover of 911 million yuan [2] - Other notable declines include Zhongshi Media (600088) down 0.48% to 16.57 and Wanda Film (002739) down 1.85% to 12.21 [1][2] Capital Flow Analysis - The film and theater sector saw a net outflow of 415 million yuan from institutional investors, while retail investors contributed a net inflow of 424 million yuan [2] - The capital flow for individual stocks indicates that Jiechuan Co. (300182) had a net outflow of 47.55 million yuan from institutional investors [3] - In contrast, Baijia Qiancheng (300291) experienced a net inflow of 36.51 million yuan from institutional investors [3]

Core Viewpoint - Aichi has officially become the strategic partner for the 2025 China Golden Rooster and Hundred Flowers Film Festival, marking its status as the designated automotive brand for the event [1] Group 1: Partnership and Collaboration - Aichi's partnership with the film festival highlights its commitment to cultural engagement and brand visibility within the influential Chinese film industry [1] - The collaboration aligns with Aichi's vision of integrating smart technology into user experiences, paralleling the artistic storytelling of cinema [1] Group 2: Industry Significance - The Golden Rooster and Hundred Flowers Film Festival is recognized as one of the most influential national film festivals in China, reflecting significant milestones in the development of Chinese cinema [1] - The festival serves as a platform for expressing contemporary aesthetic and cultural values, which Aichi aims to resonate with through its innovative automotive solutions [1]

Core Points - The 2025 Golden Rooster and Hundred Flowers Film Festival will be held from November 11 to November 15 in Xiamen, Fujian Province [1] - The jury committee announced the nomination list today, featuring films such as "Little Me," "Lychee in Chang'an," "Detective Chinatown 1900," "Good Things," "Dumpling Queen," and "Volunteer Army: Life and Death Battle" for various awards [1] - A total of 20 award categories will be contested, including Best Feature Film, Best Medium and Low Budget Feature Film, Best Screenplay, Best Director, and Best Actor/Actress [1] - The final evaluation will take place during the festival in November, with the winners to be revealed at the awards ceremony [1]

"这个电影对我的意义，更像是一个阶段性的胜利。这座奖杯也是我们时隔14年再一次拿到，对中国女 演员也是很大的鼓励，让我们看到更多可能性，让中国电影被世界看到。"辛芷蕾说。 在《日掛中天》的首映现场，初次面对国内观众的辛芷蕾表示，"站在国内观众面前比在威尼斯时还紧 张，那种感觉就像你在外面混得再好，其实最在意的还是家里人的肯定。"她认为，这部作品能接受平 遥观众检阅，其意义不亚于国际奖项的认可。 9月25日，电影《日掛中天》在第九届平遥国际电影展举行中国首映。图为该片主演辛芷蕾参加电影新 闻发布会。中新社记者 韦亮 摄 电影《日掛中天》制片人马双透露，该片将于11月7日全国公映。(记者 胡健) 电影《日掛中天》25日在第九届平遥国际电影展进行中国首映，刚在第82届威尼斯国际电影节荣膺最佳 女演员奖的辛芷蕾表示，"这个奖让我们看到未来更多可能性，拍更好的电影，让中国电影被世界看 到。" 谈及剧中"美云"的角色缘何打动她，辛芷蕾说，"主要看这个角色有没有灵魂，故事值不值得讲。《日 掛中天》是我一直梦寐以求的剧本，对女性的情感刻画特别丰富。" ...

证券代码：600977 证券简称：中国电影 公告编号：2025-041 中国电影产业集团股份有限公司 关于变更联系方式的公告 公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实性、准确性和完整性承担法律责任。 中国电影产业集团股份有限公司（简称"公司"）因电话网络系统升级，自本公告发布之日起将启用新的 投资者专线电话，现将变更情况公告如下： ■ 除上述变更外，公司办公地址、电子邮箱、网址、传真等信息保持不变。 敬请广大投资者关注以上信息变更事项。 特此公告。 中国电影产业集团股份有限公司董事会 2025年9月26日 ...

Box Office Performance - The film "731" has surpassed 1.3 billion yuan in box office revenue, significantly boosting the traditionally slow September movie market and extending this viewing enthusiasm into the upcoming National Day holiday [2] - As of September 25, 2025, the total pre-sale box office for new films during the National Day holiday reached 15.75 million yuan, with "Assassination of the Novelist 2" leading the pre-sale box office rankings [2] Market Trends - September is typically a slow month for the film market, but this year, driven by "731," the monthly box office has exceeded 2.3 billion yuan, far surpassing the same period last year [2] - The upcoming National Day holiday features a diverse range of film genres, including fantasy, action, war, drama, animation, history, comedy, and crime, catering to various audience preferences [3] Film Analysis - "Assassination of the Novelist 2" is currently leading in pre-sales, with a strong emphasis on visual and auditory experiences, and has the highest number of IMAX screenings among all films [3] - The film's pre-sale success indicates sustained interest based on its predecessor's IP, and if it receives positive reviews post-release, its performance during the National Day holiday is expected to be strong [3][4] Audience Demographics - "Assassination of the Novelist 2" has a significant market share in lower-tier cities, with 22.7% of its box office coming from these areas [3] - "The Volunteer Army: Blood and Peace" has a notable audience demographic, with nearly 40% of its pre-sale viewers aged 40 and above, highlighting its appeal to family audiences [4] Industry Impact - The anticipation for the National Day holiday has led to a surge in several film stocks, with notable increases in share prices for companies like Bona Film Group and Light Media [4] - The trend of film sequels and IP series is becoming mainstream, with several films in the National Day lineup being sequels, indicating a shift towards a more mature and industrialized film industry in China [6][7] Box Office Variability - Despite the prevalence of sequels, there is a noticeable polarization in box office performance, with some films exceeding expectations while others fall short [8][9] - The ultimate success of a film is influenced by its quality and audience reception, alongside promotional efforts and market trends [9]

人民财讯9月25日电，9月25日，中国电影（600977）举行2025年半年度业绩说明会。公司表示，动画电 影是公司重要业务方向之一，目前储备开发中的项目包括奇幻冒险动画电影《大圣崛起》、国风动画电 影《消失的仙人》等。 ...

Core Viewpoint - The film market in China is facing challenges, with China Film experiencing a significant decline in revenue and profit in the first half of 2025, while preparing for the upcoming National Day film season with new releases [2][4]. Financial Performance - In the first half of 2025, China Film reported a revenue of 1.717 billion yuan, a year-on-year decrease of 19.13%, and a net loss of 110 million yuan, marking the second instance of a loss in the first half since its listing [4][5]. - The decline in revenue was primarily due to underperformance in the creative and distribution segments, which saw revenue drops of 56.99% and 27.48%, respectively [5][6]. - The second quarter showed a net profit of 30.39 million yuan, despite a year-on-year decline of 71.38% [4]. Market Trends - The overall film market has been sluggish, with a 34.73% year-on-year decline in national box office revenue during the second quarter, influenced by weak performance in the Qingming and May Day holiday periods [4]. - The summer season saw a resurgence in audience interest, driven by several successful releases, which positively impacted the company's performance [4][5]. Strategic Initiatives - The company plans to enhance its performance by focusing on high-quality projects and diversifying its film offerings, including nurturing young filmmakers and exploring various genres [2][3][4]. - China Film is also looking to improve operational efficiency by increasing the quality of individual projects and expanding its portfolio to include more diverse content [4][8]. - A new subsidiary for importing films has been established to strengthen copyright investment and enhance profitability in the import film sector [7]. Upcoming Releases - The company is set to release "The Volunteer Army: Blood and Peace" during the National Day holiday, along with four other films, aiming to capitalize on the anticipated market recovery [2][3]. - "Avatar 3" is scheduled for simultaneous release in North America and China, expected to boost box office performance [7].

| 变更信息 | 变更前 | 变更后 | | --- | --- | --- | | 投资者专线电话 | 010-88310001 | 010-88321280 | | 除上述变更外，公司办公地址、电子邮箱、网址、传真等信息保持不变。 | | | 敬请广大投资者关注以上信息变更事项。 中国电影产业集团股份有限公司董事会 公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国电影产业集团股份有限公司（简称"公司"）因电话网络系统升级，自 本公告发布之日起将启用新的投资者专线电话，现将变更情况公告如下： 特此公告。 证券代码：600977 证券简称：中国电影 公告编号：2025-041 中国电影产业集团股份有限公司 关于变更联系方式的公告 2025 年 9 月 26 日 ...