(责编：牛镛、岳弘彬) 《 人民日报 》（ 2025年12月05日 03 版） 本报利雅得12月4日电 （记者任皓宇）"吉达·中国电影之夜"3日晚在沙特阿拉伯第二大城市吉达举行。 本次活动由中国国家电影局和中国驻吉达总领事馆主办，中国电影资料馆和沙特红海国际电影节承办。 活动现场播放了中国电影《长安的荔枝》，吸引了来自中沙各界200余位嘉宾出席观看。 ...

中国电影产业集团股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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。 证券代码：600977 证券简称：中国电影 公告编号：2025-050 投资者可于 2025 年 12 月 9 日（周二）18:00 前，将您希望了解的公司情况 和相关问题通过以下方式发送至公司董事会办公室。公司将在本次业绩说明会上 对投资者普遍关注的问题进行回答。 重要内容提示： 2025 年 10 月 29 日，中国电影产业集团股份有限公司（简称"公司"）在上 海证券交易所网站发布了《中国电影 2025 年第三季度报告》。为便于广大投资者 更加全面深入地了解公司经营发展情况，公司计划召开 2025 年第三季度业绩说 明会，就投资者普遍关心的问题进行交流。 一、说明会类型和安排 投资者可登陆上证路演中心（http://roadshow.sseinfo.com/），在线参与本次业 绩说明会，并通过在线提问的方式与公司管理层进行文字互动。 1 / 2 会议时间：2025 年 12 月 12 日下午 14:0 ...

Group 1 - The seventh Hainan Island International Film Festival's main forum focuses on the high-quality development of Chinese cinema and the cultural historical resources of Hainan, exploring new dynamics in the film industry [1][3] - Wang Bin, a member of the Hainan Provincial Committee and Minister of Propaganda, emphasized that the Hainan film industry serves as a vibrant showcase of Chinese culture and acts as a cultural pioneer and open window [1] - The forum announced the "2025 China Film Economic Development Research Report" and included a segment for promoting Hainan as a filming location, creating a platform for exchange and cooperation [3] Group 2 - The film festival coincides with the 50th anniversary of diplomatic relations between China and Thailand, featuring a series of film-themed activities to promote cultural and tourism cooperation [3]

继上周末点燃影院票房后，《疯狂动物城2》的热度在本周一（12月1日）正式"杀"进资本市场：其主发 行方中国电影（SH600977，股价17.33元，市值323.55亿元）股价"一字"涨停，实丰文化（SZ002862， 股价21.98元，市值36.93亿元）、森马服饰（SZ002563，股价5.96元，市值160.57亿元）等授权合作方 股价也纷纷大涨。 《每日经济新闻》记者查询看到，截至2025年12月2日12时许，《疯狂动物城2》上映7天累计票房超20 亿元，猫眼专业版预测其内地总票房有望冲击42亿元。若预期兑现，《疯狂动物城2》将跻身中国影史 总票房榜前十名。 然而，攀高的电影票房并未持续带动上市公司。12月2日，中国电影股价小幅回落，实丰文化、森马服 饰股价回撤明显。12月3日，中国电影下跌4.78%，实丰文化下跌2.70%，森马服饰下跌4.79%。 狂欢之下需要冷静思考：谁真的挣钱？谁在蹭概念？这轮上涨，到底是业绩驱动，还是情绪溢价？ 中国电影有内地发行权 《疯狂动物城2》大热后，利好首先反映在出品方迪士尼身上。自11月26日首映起，迪士尼股价连续3个 交易日上涨，截至当地时间12月2日收盘，迪士尼股 ...

Group 1 - The release of "Zootopia 2" has significantly boosted box office performance, surpassing 2.28 billion yuan on its opening day and accumulating over 20 billion yuan in total, setting multiple records for imported animated films in China [2][3] - The film's success has led to increased activity in the A-share film and entertainment sector, with companies like China Film and Huayi Brothers experiencing notable stock price increases following the film's release [1][3] - The film has also stimulated consumer demand, with a wide range of merchandise and collaborative products selling well, including plush toys and themed items from various brands [3][4] Group 2 - Shanghai Disneyland, the only theme park with a "Zootopia" themed area, has seen a surge in visitor numbers, with projections of 14.7 million visitors in 2024 and surpassing 100 million total visitors since its opening [5] - The park has introduced innovative attractions and experiences related to the film, enhancing visitor engagement and emotional connection to the IP [5][6] - Despite the film's box office success, there has been a short-term divergence between box office performance and stock market reactions, with several companies in the film sector experiencing declines in stock prices shortly after the film's release [6]

（文章来源：每日经济新闻） | 代码 | 名称 | 现价 | 涨跌 涨跌幅 | A | | --- | --- | --- | --- | --- | | 159855 | 影视ETF | 0.948 | -0.019 | -1.96% | | 516620 | 影视ETF | 1.061 | -0.021 | -1.94% | 有券商表示，从中长期来看，预计随着内容供给逐步恢复，AI等技术赋能持续深化，叠加政策支持及消费回暖预期，传媒行 业景气度有望得到修复。建议关注影视院线、游戏、广告营销等领域业绩表现亮眼的公司，并关注布局数字资产、应用 AIGC相关技术的公司。 影视概念股走低，中国电影跌超5%，捷成股份跌超4%，视觉中国、吉视传媒跌超3%。 受盘面影响，影视ETF跌近2%。 ...

Core Insights - The release of "Zootopia 2" has significantly impacted the stock market, with the main distributor, China Film (600977), experiencing a stock price surge, while other associated companies like Shifeng Culture (002862) and Semir Apparel (002563) also saw substantial gains [1][4] - As of December 2, 2025, "Zootopia 2" has grossed over 2.05 billion yuan in its first week, with projections suggesting a total box office of 4.2 billion yuan, potentially placing it among the top ten highest-grossing films in Chinese history [1][4] - Despite initial stock price increases, a market correction occurred on December 2, with many related companies experiencing declines, raising questions about the sustainability of the stock price increases and the actual financial benefits derived from the film's success [4][12] Company Performance - Disney, as the primary beneficiary of "Zootopia 2," saw its stock rise for three consecutive trading days, reaching a closing price of $106.77 per share and a market capitalization of $190.6 billion by December 2 [4][7] - China Film, the sole distributor of "Zootopia 2" in mainland China, had its stock price hit the daily limit of 19.02 yuan per share on December 1, resulting in a total market capitalization of 35.5 billion yuan [4][7] - The cinema sector also benefited, with Wanda Film (002739) achieving a box office of 324 million yuan on December 1, supported by a high screening ratio of 81% for "Zootopia 2" [6][7] Market Dynamics - The initial stock price increases were driven more by market expectations of high box office performance rather than confirmed revenue, indicating a speculative environment [7][12] - The film's success is attributed to its strong global appeal and family-friendly nature, which resonates well with Chinese audiences, contrasting with the declining interest in Hollywood live-action films [13][14] - The upcoming holiday seasons, including the New Year and Spring Festival, are expected to boost box office performance, with projections suggesting a potential recovery in the overall film market [14] Related Companies - Companies involved in merchandise related to "Zootopia 2," such as Shifeng Culture and Semir Apparel, experienced stock price surges due to the film's popularity, with Shifeng Culture's stock hitting the daily limit on December 1 [9][10] - Other companies like IMAX China reported record earnings from the film, indicating strong performance in the premium cinema segment [6][12] - However, many of these companies faced stock price corrections shortly after the initial surge, highlighting the volatility and speculative nature of the market surrounding film-related stocks [12][14]

Core Insights - "Zootopia 2" has achieved significant box office success, accumulating a total of 2.072 billion yuan within the first seven days of release, breaking over 60 records including the highest single-day box office of 738 million yuan [1][2] - The film is projected to surpass 4.2 billion yuan in total box office revenue, potentially becoming the highest-grossing imported film in China [1] Box Office Performance - As of the latest report, "Zootopia 2" has a cumulative box office of 2.072 billion yuan, with a first-day box office of 228 million yuan, including pre-sales [2] - The film's revenue distribution shows that the film company receives 25%, cinemas 52.27%, and other parties 22.73% [2] Related Product Sales - The success of "Zootopia 2" has led to a surge in sales of related merchandise, with companies like Miniso, Pop Mart, and Luckin Coffee launching co-branded products that have sold out quickly [2] - Pop Mart's co-branded products were sold out both online and in physical stores, while Luckin Coffee announced a restock due to high demand shortly after launch [2] Market Reaction - The film's popularity has positively impacted the stock market, with notable increases in shares of film distribution companies such as China Film, which saw a 15.78% rise over three days [3] - Other companies in the film industry, including Happiness Blue Sea and Huayi Brothers, also experienced stock price increases of 6.44% and 5.86% respectively [3] IP Collaborations - Semir Apparel has launched co-branded products related to "Zootopia," although the sales impact is not deemed significant for the company [6] - Citic Publishing has previously published various "Zootopia" related books and plans to continue leveraging the IP for future products [9] - Shifeng Culture aims to develop competitive products based on the unique attributes of the "Zootopia" IP to enhance its market presence [9]

星标 ★ IPO日报 精彩文章第一时间推送 沪指小跌0.42%、深指小跌0.68%、创指小跌0.69%，一句话，沪深创三指低开水中震荡一天，皆小跌收盘。上涨家数1544，下跌家数3740，成交 量16073亿元，相比上一个交易日 少了 约2822亿元，净流出640亿元，打板赚钱效应1.93%，炸板率29%。31家1板，5家2板、5家3板，3家4板，2 家5板，0家6板、1家7板，8板以上0家，最高7板，金富科技。 这是12月份A股第二个交易日的具体数据。投资者如何看待当前大盘的走势？又该如何应对？ 张力制图 A股12月份开门红之后，第二个交易日就教会了投资者不要盲目乐观：昨天的涨幅，今天几乎全部收回，昨天赚钱没走，可能成为了今天的亏本 之源。市场起变化来还真是有点快，如果投资者没踩准节奏，就可能陷入亏损中。 "早上中国电影挂的19.8元，现在被套了怎么办？"股民小水此时有点忐忑不安。受《疯狂动物城2》票房的超预期好，发行代理商中国电影 （600977）股价二连板，12月2日开盘高开之后，小水冲高入场。中国电影当天以18.20元收盘，下跌幅度4.31%，这意味着小水当天浮亏超过 8%。 "我割肉了光库科技和香农 ...

Core Viewpoint - "Zootopia 2" continues to perform exceptionally well at the box office, breaking multiple records and driving interest in related companies and products [2]. Box Office Performance - As of the report, "Zootopia 2" has achieved a cumulative box office of 2.072 billion yuan, with a single-day peak of 738 million yuan, breaking over 60 records including those for the 2025 New Year period and the highest box office for imported animated films in Chinese history [2]. - The total box office is expected to exceed 4.2 billion yuan, potentially making it the highest-grossing imported film [2]. Related Product Sales - Several companies have launched co-branded products related to "Zootopia 2," including Miniso, Pop Mart, Luckin Coffee, and 52TOYS, with some products selling out quickly [2]. - Pop Mart's co-branded products in the "Continuation Series" sold out both online and in physical stores, while Luckin Coffee announced that its co-branded products would soon be sold out after just three days [2]. Market Reaction - The film's success has positively impacted the stock market, with the film distributor China Film experiencing a two-day trading halt and a three-day increase of 15.78%. Other companies like Happiness Blue Sea and Huayi Brothers also saw stock increases of 6.44% and 5.86%, respectively [5]. - Investors are actively inquiring about the strategies of related listed companies in response to the film's performance [5]. Company Responses - Semir Apparel stated that its brands Semir, Balabala, and Semir Kids have launched co-branded products with Disney's "Zootopia," but the sales scale of these products does not significantly impact the company [7]. - Guomai Culture indicated that it currently has no plans for a Chinese version of "Zootopia" books or related products [8]. - Citic Publishing mentioned that it has published various Disney-authorized works related to "Zootopia" [9]. - Shifeng Culture plans to develop suitable IP trend products based on the unique attributes of the "Zootopia" IP, aiming to create high-quality products that are both recognizable and competitive in the market [10].