每一年的相应时段，总有一群年轻人，追随着各地举办的大大小小的电影节，会合、相聚、欢庆。他们 中，有电影从业者，有影迷，还有志愿者……无论从时间还是空间的维度来看，他们都像是一群为电影 节迁徙的候鸟。金鸡百花电影节、上海国际电影节、北京国际电影节、长春电影节、海南岛国际电影 节、丝绸之路国际电影节、平遥国际电影展……是他们向往和抵达的目的地。 电影节上，一部分年轻人兑现着自己的电影梦，让创意落地生根，成长为影像化的作品；一部分享受光 影魅力，获得更多精神认同；一部分则默默付出，成为幕后"推手"…… 年轻人与电影节，相互照耀、彼此成就。青春的梦想在电影节绽放，也带给电影节更多的活力和希望。 梦想 去年11月13日，2025年中国金鸡百花电影节金鸡电影创投大会·终极路演（科幻片单元）现场，31岁的 廖飞宇坐在评审席上，对项目给出建议。这是廖飞宇第一次作为评审委员参与金鸡创投环节。"放在几 年前，这事我想都不敢想。"廖飞宇说。 时间回闪，2021年，成都的一家米线店里，廖飞宇接到一通电话，令他兴奋得跳起来。金鸡电影创投大 会组委会通知：他的电影处女作《屋顶足球》入选当年的终极路演（制作中单元）。 《屋顶足球》是廖飞宇 ...

Core Viewpoint - Huayi Brothers reported a significant decline in revenue and ongoing challenges in the competitive film and entertainment industry, despite a reduction in net losses [1][8]. Film and Entertainment Segment - The film and entertainment segment generated a revenue of 443 million yuan in 2024, a year-on-year decrease of 29.36% [4]. - The box office performance of films like "If You Are the One 3" and "The Volunteer Army: Heroic Soldiers" totaled approximately 1.672 billion yuan, falling short of expectations due to low cinema attendance [4]. - Although the company received accolades for films such as "Dog Squad" at the Cannes Film Festival, these achievements did not translate into significant box office revenue [4]. - The launch of several series and online films did not substantially boost segment revenue, and the short drama market remains highly competitive, limiting immediate income potential [4]. Brand Licensing and Live Entertainment Segment - The brand licensing and live entertainment segment saw a drastic revenue drop of 78.95%, with earnings of only 1.8868 million yuan [5]. - The decline in revenue is attributed to reduced business activities, and the company plans to optimize this segment by introducing quality partners and focusing on a content-driven light asset model [5][6]. Challenges in IP Monetization - The difficulties faced in the live entertainment segment highlight the company's struggles with monetizing its IP resources effectively [6]. - The light asset model, while reducing operational costs, limits the company's influence and profit margins in project development [6]. Internet Entertainment and External Investments - The internet entertainment segment experienced a 102.08% increase in investment income, amounting to 2.1784 million yuan, primarily from equity disposals [7]. - Despite the growth in investment income, its overall contribution to the company's performance remains limited [7]. - The company aims to optimize its asset structure and focus resources on core business development, facing challenges in enhancing profitability amid fierce market competition [7][8].