Contract Signing Situation - The total amount of the signed contract is 372 million yuan, accounting for 50.65% of the company's audited main business income for 2024 [2] - The contract is a routine business contract and does not require approval from the board of directors or shareholders [2] Counterparty Introduction - The counterparty, Mango Film and Television Culture Co., Ltd., has a registered capital of 80 million yuan and is involved in various media-related activities [2][3] - The company has a good credit and financial status, indicating its ability to fulfill the contract [3] Main Content of the Contract - The contract grants Mango Film and Television exclusive rights to use the company's produced films and series, including rights to defend and sublicense these rights [3][4] - The contract includes provisions for revenue sharing based on the performance of the films on Mango's platform [4] Impact on the Company - The execution of this contract is expected to have a positive impact on the company's financial status and operating performance for 2025 and beyond [4] - The contract will not adversely affect the company's business independence or create dependency on Mango Film and Television [5] Contract Review Procedure - The contract has undergone the necessary internal approval processes as per the company's management system and does not require further board or shareholder approval [5]

Core Viewpoint - The announcement details the second judicial auction of shares held by a major shareholder, Ma Zhongjun, resulting in a change in the equity structure of Ciweng Media Co., Ltd. [1][2] Group 1: Judicial Auction Details - Ma Zhongjun's 8,524,167 shares were subject to a second judicial auction, with 1,000,000 shares (0.21% of total shares) successfully transferred [1][2] - The auction took place from March 14 to March 15, 2025, on the Taobao judicial auction platform, with successful bids from various buyers [1] Group 2: Shareholding Changes - Following the transfer, Ma Zhongjun's total shareholding decreased from 33,100,000 shares (6.97%) to 32,100,000 shares (6.76%) [2][5] - The controlling shareholder, Huazhang Investment, saw its voting rights decrease from 128,327,379 shares (27.02%) to 127,327,379 shares (26.81%) due to this transfer [5] Group 3: Pledged and Frozen Shares - All of Ma Zhongjun's shares are currently pledged and subject to judicial freezing, with a total of 32,100,000 shares (100% of his holdings) frozen [3][4] - The shares were pledged to Fujian Haixia Bank, and the judicial freezing status remains unchanged post-transfer [2][4] Group 4: Impact on Control and Operations - The equity change does not alter the control of the company and is not expected to negatively impact daily operations [4][5] - Ma Zhongjun has delegated his voting rights to Huazhang Investment, which maintains its status as the controlling entity [4][5]

成龙电影A计划特邀本次A 计划AI技术总监蔚景铖分享了——通过智能体和AI驱动的工具来完善剧本、 美术设定、分镜及项目书等环节的思考，他还聊到了具体短片的制作过程和探索生成训练到后期剪辑的 完整流程。未来将会为青年创作者和影视公司打造一个全方位陪伴的AI智能平台，实现从创意孵化到 商用影视项目筹备的一站式解决方案。 香港导演陈国辉分享了对AI技术在电影行业应用的看法，他认为AI是一个新的工具，在提升制作效 率、降低制作成本和风险管控方面有很大的优势。陈导也提出，AI电影与真人电影不一样，创作者应 该根据AI的风格来创作故事，未来可能会诞生一种有AI独特风格的全新电影类型。国际视效总监、CGI 视觉设计专家Barry Greaves分享了他的观点，通过AI实时合成预览技术，导演和工作人员在片场就能看 到接近成片的镜头效果，包括虚拟环境，人物与动物在实拍画面中协调性，以及演员表演和摄像机运动 的互动追踪状态。这种实时决策有助于提高特效的质量，让特效制作不再局限于大片，为影视制作带来 全方位的创新和变革。 上海交通大学全球创新研究院院长、教育部长江学者胡洁从AI在工业领域的应用经验出发，探讨了AI 在电影语言和工业 ...

据此前报道，5月12日，上海戏剧学院官网发布2025年博士研究生（申请-考核制）考生复试名 单，演员黄晓明、金世佳进入该名单，研究方向分别为 艺术管理/戏剧策划 和 表导演创作。 此次公布的 拟录取名单中， 艺术管理/戏剧策划方向仅有一位考生录取。 据长安街知事，6月20日，上海戏剧学院发布了2025年上海戏剧学院博士研究生拟录取名单。 金世 佳以278.84分的总成绩，成功被录取，但名单上并未出现黄晓明的名字。 拟录取名单显示，申请考核专业学位中，金世佳进入拟录取名单，研究方向为表导演创作。该方向共 录取三人，金世佳业务一科目成绩为94.34分，业务二科目成绩为90分，面试成绩为94.5分，同等 学力加试科目合格，总成绩为278.84分。 拟录取名单截图。图源： 上海戏剧学院 拟录取名单截图。图源：上海戏剧学院 公开资料显示，黄晓明，1977年11月13日出生于山东省青岛市，毕业于北京电影学院表演系。他因 在《大汉天子》中饰演刘彻而获得关注，此外他还出演了《神雕侠侣》《新上海滩》《中国合伙人》 《琅琊榜之风起长林》等作品。 对于落榜一事，黄晓明回应称："明年再战。" 爱企查App显示，黄晓明名下关联40余家 ...

自ChatGPT引发全球关注后，在2023年和2024年的上海国际电影节（以下简称"上影节"）上，"AI会对 影视行业带来那些机遇与挑战"都是热议的话题之一。在今年的上影节上，AI热度依然不减。 不过，《中国经营报》记者在采访中注意到，自2023年以来，影视业对AI的看法也悄然发生了些许变 化。最初，许多中国电影人惊叹于AI的发展速度，例如《流浪地球》系列的导演曾发出"现实比科幻电 影更科幻"的感叹；在经过一段时间的体验与观察后，"AI是工具"的观点占据主流，各方更加关注AI带 来的效率提升；在今年的上影节期间，"通过AI技术创新能否降低成本"、"利用AI如何提高内容质量与 体验"等话题开始被广泛讨论。 这一系列变化正反映出AI对影视行业的影响。一方面，AI在影视行业的应用中，生产力逐渐提升，甚 至对于生产关系开始产生影响；另一方面，如何通过越来越先进的AI技术产出高质量的内容，这是摆 在当前影视行业从业者面前的新考验。 技术升级引发生产方式变革 在上影节相关环节，包括光线传媒董事长王长田、导演黄建新等在内的人士指出了当前国内影视行业的 生产方式存在的问题:一方面体现在传统影视剧的生产周期远远超出观众的兴趣时 ...

Core Viewpoint - The Shanghai International Film Festival's "Future Cinema" section has gained significant attention, with tickets selling out within 15 minutes, showcasing the growing interest in immersive viewing experiences [1] Group 1: Future Cinema Experience - The "Future Cinema" features 16 VR works, including global and Asian premieres, allowing audiences to explore various interactive viewing possibilities [1] - Attendees are engaged in immersive experiences, such as a VR shadow play titled "Wu Song Fights the Tiger," blending virtual and real elements [3] - The setup of the Future Cinema this year is unique, located within a traditional cinema, allowing for both online reservations and on-site experiences for consumers who meet spending requirements [5] Group 2: Integration of Virtual and Real - New directors are experimenting with blending real-life experiences and virtual imagery, enhancing audience engagement through live performances and surrounding environments [3] - The Future Cinema aims to transform the audience's mindset from traditional viewing to a more interactive and game-like experience, providing a new artistic context [5] Group 3: Cultural Project Expansion - Cultural projects are expanding into various venues beyond traditional settings, such as theme parks and museums, now entering cinemas and commercial spaces, which can activate existing commercial potential [7]

证券研究报告 东吴证券晨会纪要 东吴证券晨会纪要 2025-06-20 宏观策略 [Table_MacroStrategy] 宏观点评 20250619：美联储全年降息或不及 2 次——2025 年 6 月 FOMC 会议点评 核心观点：6 月 FOMC 如期不降息，同时在声明中删除了更高失业率与 通胀的判断。经济预测中美联储下调了美国 GDP 增速预期，上调了失业 率与 PCE 通胀预期，判断经济前景将更加滞胀。虽然更滞胀的经济预期 并未让今年的点阵图中值发生变化，但点阵图分布明显更鹰派。发布会上 鲍威尔对经济保持信心、对通胀保持耐心，表示按兵不动是最佳策略。向 前看，相对于增长的下行风险，美联储仍然更担心通胀的上行风险与不确 定性，更晚降息更有利于确保关税带来的通胀冲击是一次性而非持续性 的；同时特朗普对美联储货币政策独立性的干预仍然存在，这或打乱、延 后美联储原有的降息进程。因此我们预期今年全年降息次数或不及 2 次。 风险提示：特朗普政策落地节奏与预期相差较大；美联储维持高利率水平 时间过长，引发金融系统流动性危机；通胀下行速率不及预期。 宏观点评 20250618："1+6"体系精准支持硬科技企业 ...

Group 1 - The Guangdong Provincial Film and Television Industry Policy aims to promote high-quality development in the industry through 15 specific measures, including the establishment of a film creation topic library and support for talent cultivation [2][5] - The policy is the first of its kind in China to cover various formats such as theatrical films, TV dramas, web dramas, and micro-short dramas, indicating a comprehensive approach to the industry [2][5] - Representatives from major networks and production companies view Guangdong as a land of opportunities for filmmakers, highlighting the region's rich cultural heritage and unique storytelling potential [3][4] Group 2 - The potential for developing Lingnan cultural IP is significant, with many companies expressing interest in collaborating to create content that reflects the region's historical and cultural depth [4][5] - Companies are eager to leverage Guangdong's high-tech enterprises to enhance cultural innovation in film and television, suggesting a trend towards integrating technology with creative content [4][5] - The Guangdong policy has attracted top industry players, leading to a surge in quality projects and innovative ideas being brought to the region [5][6] Group 3 - Companies like Tencent Video are actively developing projects in Guangdong, indicating a strong alignment between the region's supportive environment and the industry's needs for collaboration and innovation [6] - The successful implementation of projects in Guangdong, such as the web drama "Endless End," showcases the effectiveness of government support throughout the creative process [5][6] - The emphasis on local storytelling and real location shooting is seen as a way to enhance the cultural relevance of productions while also boosting local tourism [3][4]

设计团队里大多是90后、95后，"我们大多从事影展内容策划，这次以策展逻辑来做文创"。影展中有"向大师致敬"单元， 在文创设计中推出与展映内容深度结合的系列。比如将大卫·林奇电影的梦境符号化作磨砂质感冰箱贴，成为影迷争相收藏的热 门。 本届上影节，很多影院也推出自己的文创产品。大光明电影院门口的文创小铺内，总有观众来来往往，询问一句"冰箱贴还 有吗"。大光明电影院冰箱贴是今年文创产品中的大热门。冰箱贴中央可以换上不同的磁吸海报，买冰箱贴附送一张上影节主视 觉海报，其他电影海报可以通过扭蛋机抽取。大光明电影院负责人介绍，截至6月19日，本届上影节大光明周边销售额约20万 元，创历年最高。 记者 钟菡 见习记者 阮佳雯 "今年除了抢票，还要抢周边！"正逢第27届上海国际电影节，当影迷们攥着精心定制的排片表穿梭于上海各大影院间，一 场关于"文创周边"的追逐也同步上演。从上影节官方打造的"爵爵精灵"，到影院各显神通的联名文创，小小的票夹与冰箱贴带 来的情绪共鸣，也是影迷们深度参与上影节并表达热爱的见证。 这届文创史上最强 在上海影城SHO的官方文创快闪店里，样品旁贴着一张张"售罄"的纸片，如同影院排片表上贴的一个个" ...

Group 1 - The total box office for the summer season of 2025 has surpassed 1 billion yuan as of June 19, indicating strong audience interest and engagement in upcoming films [1] - The 27th Shanghai International Film Festival showcases a variety of genres including animation, history, and suspense, reflecting the diverse viewing preferences of the audience [1] - The film "Dongji Island," set to release on August 8, is based on a true historical event during World War II, highlighting the rescue of British POWs by local fishermen [1] Group 2 - The multi-language documentary "Yangtze River Mouth No. 2: Opening the Underwater Time Machine" focuses on the recovery and relocation of an ancient ship, showcasing China's traditional culture and storytelling to a global audience [2] - The opening film of the festival, "Jiangyuan Nong: Suspense Case," is set in 1940s Shanghai and aims to immerse viewers in the historical ambiance of the city [2] - The festival promotes local engagement through ticket discounts and immersive activities, enhancing the connection between cinema and the urban experience [2][3]