截至 今天（8月24日） 19时30分 2025年电影 暑期档 票房 已达110.02亿元 其中，《南京照相馆》《浪浪山小妖怪》 《长安的荔枝》 暂列档期票房前3名 2025年 电影总票房已达383.28亿元 国产影片市场份额为89.20% 另据统计，今年以来 《哪吒之魔童闹海》《南京照相馆》等影片 海外市场票房达7.38亿元 2025年中国电影全球总票房（含预售） 已超390亿元！ 今年 暑期档 持续升温 影片 《南京照相馆》 以27.48亿元 位居票房榜首 国产动画 电影 《浪浪 山小妖怪》 观影人次为8.87亿 票房已破5.5亿元 来源：央视新闻 责编：万健祎 校对： 许欣 版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体 法律责任的权利。 转载与合作可联系证券时报小助理，微信ID：SecuritiesTimes END 点击关键字可查看 目前 累计票房已达 12.60亿元 进入中国影史动画电影票房榜前十！ 影片 《捕风追影》 口碑也一路走高 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 ...

据网络平台数据 2025年暑期档（6～8月） 电影总票房（含预售） 已突破110亿 《南京照相馆》《浪浪山小妖怪》《长安的荔枝》 分列前三位 截至目前 2025年度电影总票房（含预售） 已超383亿 暑期档精彩纷呈 口碑驱动优质影片破圈 影片《南京照相馆》7月25日上映以来 总票房已破27亿 刷新中国影史暑期档历史片票房纪录 电影取材于南京大屠杀期间 日军真实罪证影像 故事围绕"日军罪证照片"展开 将历史"具象化"地呈现在观众眼前 引发海内外观众强烈共鸣 国产动画电影《浪浪山小妖怪》 将传统IP进行了全新演绎 在泼墨挥毫间 呈现了一幅中国风画卷 目前累计票房突破12.5亿 超过《封神第二部：战火西岐》 进入2025年票房榜前四 同时也超过《寻梦环游记》 成为中国影史动画电影票房榜第八名 刷新中国影史二维动画电影票房纪录 8月16日上映的《捕风追影》 讲述追踪专家与盗匪团 "跟踪"与"反跟踪"较量的故事 影片中，成龙重现经典"家具城动作风格" 带观众重返警匪动作片黄金时代 成为暑期档的又一亮点 上映一周票房已超5.5亿 延续暑期档热度 《窗外是蓝星》 将于9月5日在全国上映 这是首部挂总台电影台标 并登陆全国院 ...

Core Viewpoint - The article highlights the significant box office success of the film "National Treasure," which has reached the third highest grossing position in the history of live-action Japanese films, indicating a strong performance in the domestic film industry [2]. Group 1 - "National Treasure" has achieved a box office revenue of 10 billion yen, marking a notable milestone for the film [2]. - The film's success reflects a growing trend in the Japanese film industry, where original content is increasingly resonating with audiences [2]. - The performance of "National Treasure" is expected to influence future investments and productions within the industry, as it demonstrates the potential for high returns on original film projects [2].

Core Viewpoint - The film "Nanjing Photo Studio" has achieved a total box office of over 2.5 billion yuan within 23 days of its release [1][2]. Group 1 - The film has accumulated over 25 billion yuan in box office revenue [1]. - The total number of viewers for the film has reached 60 million [2].

Core Viewpoint - The film "Nanjing Photo Studio" has achieved a total box office revenue of over 2.5 billion yuan after 23 days of release [1] Group 1 - The film's box office performance indicates strong audience interest and potential for continued revenue growth [1] - The achievement of 2.5 billion yuan in box office revenue highlights the film's commercial success within the industry [1]

Core Insights - The total box office for the summer season of 2025 has exceeded 8.2 billion yuan, indicating a strong performance in the film industry [1] - "Nanjing Photo Studio" leads the box office with over 2 billion yuan, showcasing its popularity among audiences [1] - The overall box office for Chinese films in 2025 has surpassed 35.5 billion yuan, reflecting a positive trend in the industry [1] Industry Performance - The summer box office is maintaining an upward trend with the release of new films such as "Dongji Island" [1] - The significant box office figures suggest a robust recovery and growth potential for the Chinese film industry in 2025 [1]

Core Viewpoint - The company is expected to experience a revenue increase in the first half of 2025, driven by a recovery in the Chinese film market and an increase in self-produced films, although net profit is projected to decline significantly due to losses from self-produced films and increased investment in performance business [4][5]. Group 1: Revenue Projections - Total revenue for 1H25 is anticipated to reach 2.48 billion RMB, representing a year-on-year increase of 14.3% [4]. - Online entertainment ticketing revenue is projected to be 1.19 billion RMB, reflecting a year-on-year growth of 13.4% [5]. - Entertainment content service revenue is expected to be 1.19 billion RMB, with a year-on-year increase of 16.5% [6]. Group 2: Film and Performance Insights - The Chinese film box office for 1H25 is estimated at 29.23 billion RMB, showing a year-on-year growth of 22.91%, with total audience attendance reaching 641 million, up 16.89% [5]. - The company has released several films, including "Detective Chinatown 1900" and "Dumpling Queen," with varying box office performances, impacting revenue recognition and profitability [6]. - The performance market has shown moderate growth, particularly in large-scale performances, with ticket revenue during the "May Day" holiday reaching 1.21 billion RMB, a year-on-year increase of 5.12% [5]. Group 3: Profitability and Cost Structure - The company's gross margin for 1H25 is expected to be 39.2%, a decrease of 14.1 percentage points year-on-year, primarily due to low ROI from self-produced films and increased costs from infrastructure investments in the performance business [7].

Investment Rating - The report has downgraded the investment rating to "Accumulate" due to short-term performance pressure [4]. Core Views - The company is expected to achieve total revenue of RMB 2.48 billion in 1H25, a year-on-year increase of 14.3%, driven by the recovery of the Chinese film market and an increase in self-produced films [1]. - The forecasted net profit attributable to shareholders for 1H25 is RMB 170 million, a year-on-year decrease of 41.9%, primarily due to losses from self-produced films and increased investment in performance business [1]. - The online entertainment ticketing revenue is projected to be RMB 1.19 billion in 1H25, reflecting a year-on-year increase of 13.4% [2]. - The entertainment content service revenue is expected to reach RMB 1.19 billion in 1H25, a year-on-year increase of 16.5% [3]. - The gross profit margin for 1H25 is anticipated to be 39.2%, a decrease of 14.1 percentage points year-on-year, mainly due to low ROI from self-produced films and increased costs from infrastructure investments in the performance business [3]. Revenue and Profit Forecast - The revenue forecast for 2025 and 2026 has been revised down to RMB 4.4 billion and RMB 4.8 billion respectively, reflecting a decrease of 4% from previous estimates [4]. - The net profit forecast for 2025 and 2026 has been significantly reduced to RMB 320 million and RMB 520 million, representing a decrease of 56% and 42% from previous estimates [4]. - The earnings per share (EPS) for 2025 is projected to be RMB 0.28, with a price-to-earnings (P/E) ratio of 24 [5]. Market Performance - The total box office revenue in China for 1H25 is expected to reach RMB 29.231 billion, a year-on-year increase of 22.91% [2]. - The performance market for large-scale commercial shows has shown moderate growth, with ticket revenue during the "May Day" holiday reaching RMB 1.212 billion, a year-on-year increase of 5.12% [2].

Group 1 - The film "Nanjing Photo Studio" has achieved a cumulative box office of over 1.248 billion, including pre-sales, as of August 2 at 17:54 [1] - The film ranks among the top three in the box office list for the year 2025 and continues to lead the summer box office for 2025 [1]

Group 1: Artificial Intelligence Developments - Chinese Premier Li Qiang emphasized the importance of making artificial intelligence (AI) a public good and proposed three suggestions for its development and governance during the opening ceremony of the 2025 World Artificial Intelligence Conference [2] - The Chinese government has initiated the establishment of a World Artificial Intelligence Cooperation Organization, with plans for its headquarters in Shanghai [2] - The 2025 World Artificial Intelligence Conference released the "Global Governance Action Plan for Artificial Intelligence," encouraging international cooperation and innovation-friendly policies [2] Group 2: Economic and Market Updates - The third batch of funds for the consumption upgrade program has been allocated, amounting to 69 billion yuan [3] - The film box office for the summer season has exceeded 4.9 billion yuan, with a single-day box office surpassing 100 million yuan [3] - The steel market has shown unexpected strength, with rebar prices rising to 3,356 yuan per ton, a 15.2% increase from the annual low [5] Group 3: Corporate Movements - China National Petroleum Corporation's Daqing Gas Field has achieved an annual production capacity of over 2.5 billion cubic meters, becoming a key resource for natural gas production growth in China [7] - Tesla plans to further implement its smart driving assistance system in China and Europe by 2025, pending regulatory approval [7] - Alibaba's AI glasses have completed development and are expected to be officially launched within the year [7] - Bilibili reported that over 140 million users engaged with AI-related content in Q1 2025, leading to a 100% increase in daily viewing time for such content [8] Group 4: Investment Trends - Over 330 listed companies in A-shares have announced mid-term profit distribution plans, doubling the number from the previous year [5] - The issuance of technology innovation bonds has continued to grow, with a total underwriting amount of 381.39 billion yuan in the first half of 2025, a year-on-year increase of 56.48% [5] - Global asset management giant Schroders has launched a private real estate equity investment fund of approximately 3 billion yuan, focusing on investment opportunities in core cities of the Yangtze River Delta [5]