CFC(SH:600977) Xin Lang Cai Jing·2026-01-07 13:07Core Insights - The Chinese film industry has become a significant pillar of the cultural sector, contributing to economic growth with a box office exceeding 900 million yuan by early 2026 [1] Group 1: Film Industry Growth - The film market in 2025 saw a record high in audience engagement, with animation films contributing over 25 billion yuan in box office revenue, indicating a broadening audience base [9][11] - The total number of films produced in 2025 reached 764, showcasing a diverse range of genres and a rich selection for viewers [11] - The penetration rate of virtual production processes in the film industry increased from 15% in 2023 to 45% in 2025, reflecting a significant technological advancement [27] Group 2: Audience Engagement and Preferences - Nearly 90% of surveyed viewers preferred animated films, with a substantial portion willing to watch their favorite films multiple times [7] - The demographic of 18 to 30-year-olds remains highly active on content platforms, aiding in film promotion and word-of-mouth [9] - The audience's demand for high-quality viewing experiences has driven advancements in projection technology, with 100% digital screen implementation across cinemas [29] Group 3: Technological Advancements in Film Production - The integration of advanced technologies such as AI and high-resolution virtual production has enhanced the quality and efficiency of film-making processes [17][25] - The use of virtual pre-visualization platforms has significantly reduced production time and costs, allowing for more creative freedom [23][25] - The application of real-time rendering engines has expanded to various stages of film production, including pre-visualization and VR filming [27]