Shen Zhen Shang Bao·2025-10-11 05:37Core Viewpoint - The performance of the National Day film box office this year was disappointing, leading to a significant drop in related film companies' stocks immediately after the holiday [1] Industry Summary - The National Film Administration reported that the box office for the National Day film season decreased by 13% year-on-year, totaling 1.835 billion yuan [1] - On October 9, the A-share film sector fell nearly 5%, with Huace Film & Television dropping 13.56% and Light Media declining 10.5% on the same day [1] - The decline in stock prices reflects the market's immediate reaction to the underperformance of this year's National Day box office [1] Company Summary - Investors are advised to focus on long-term value rather than short-term fluctuations, given the high uncertainty in film box office performance and the inherent risks in the film industry [1] - Companies should be monitored for their content reserves, production capabilities, IP reserves, and the development of diversified business models to manage investment risks effectively [1]