CFC(SH:600977) Jin Rong Jie·2025-08-04 08:26Core Insights - The film "Nanjing Photo Studio" has emerged as a major box office success during the summer season, grossing over 1.5 billion yuan within 10 days of its release, ranking third in the 2025 box office chart [1] - The film has multiple production and distribution partners, with a revenue-sharing ratio of 38.41%, potentially yielding around 1.6 billion yuan for the involved companies if the final box office reaches the projected 4.2 billion yuan [1] - Several publicly listed companies are among the film's production partners, including China Film, Happy Blue Sea, Wanda Film, and Shanghai Film [1] Company Performance - Happy Blue Sea's stock price surged from 14.27 yuan per share to 25.32 yuan per share, marking a cumulative increase of 100.3% and a market capitalization rise to 9.4 billion yuan following the film's release [1] - However, starting July 31, Happy Blue Sea's stock began to decline significantly, closing at 18.93 yuan per share on August 4, reflecting a drop of 11.33% and a total market value reduction to 7.05 billion yuan [2] - Other production partners, Shanghai Film and Wanda Film, also experienced stock price declines, with Shanghai Film down 7.87% and Wanda Film down 1.2% as of August 4 [2] Future Prospects - The release of another animated film, "Wang Wang Mountain Little Monster," and a historical film, "731," scheduled for September, may lead to a resurgence in related film stocks as box office performance improves [2]