以下文章来源于核真录 ，作者核真录2026 核真录 . 本公众号是南京大学新闻传播学院《事实核查》课程的教学实验号。我们致力于讲述在"后真相"时代新 闻行业"事实核查"的理念与实践，审视新闻专业主义在这个时代的价值。 本文来自微信公众号： 核真录 ，作者：何逸铭、甄润铮、肖阳晨，制图：王新、徐嘉欣，编辑：王 新、蔡 翌希， 原文标题：《好莱坞大片遇冷，国产片要好起来了吗？十年数据看中国电影市场变 化》，题图来自：视觉中国 今年国庆假期期间，内地电影院线本年累计总票房达到438亿，观影人次呈现出超越去年全年的态 势。其中，《志愿军：浴血和平》成国庆档最大的赢家。这些最新动态不仅表明国产电影延续了近年 来的强劲势头，也为观察内地电影市场格局演变提供了窗口。 图1 2015-2024年内地电影院线引进电影总数 议，鼓励中英合拍电影，推动欧洲电影进入中国市场，标志中国引进电影来源开始多元化；2015 年，中美再次签署分账影片进口发行合作协议，中国承诺增加买断片 （批片） 数量，并宣布引入国 际审计机构监督票房。在这段时期，好莱坞大片不断涌入中国市场，进口电影数量在2016年突破一 百部。中外在制作、发行等领域合作渐深 ...

Core Viewpoint - The company reported significant growth in the film industry during the first three quarters of 2025, with a total box office of 41.952 billion yuan, representing a year-on-year increase of 21.12% [6]. Industry Overview - The total box office for films in China reached 41.952 billion yuan in the first three quarters of 2025, with a total of 985 million viewers. Domestic films accounted for 37.359 billion yuan, which is 89.21% of the total box office, while imported films contributed 4.52 billion yuan, or 10.79% [6]. Company Business Overview - The company produced or participated in the release of 30 films, achieving a total box office of 12.251 billion yuan, which is 32.79% of the total domestic film box office during the same period. Notably, the film "Nanjing Photo Studio" surpassed 3 billion yuan at the box office, becoming the summer box office champion for 2025 [7]. - The company was involved in the distribution of 336 domestic films, generating a total box office of 27.861 billion yuan, which is 82.66% of the domestic film box office. Additionally, it distributed 117 imported films with a total box office of 2.837 billion yuan, accounting for 69.52% of the imported film box office [7]. - The company operates 123 cinemas with 923 screens, covering a total of 25,268 screens and 3.1343 million seats nationwide, achieving a box office of 11.264 billion yuan and 269 million viewers in the first three quarters of 2025 [8]. - The company has established 218 CINITY theaters, including 42 CINITY LED theaters, and has sold 963 CINITY projectors, capturing a 61% share of the new screen market during the same period [8]. - The company provided production services for 302 film and television projects, including 150 films and 17 television series, and has a registered user base of 18.6384 million on its ticketing platform [9].

Core Insights - China Film Industry Group Co., Ltd. reported a revenue of 2.928 billion yuan for the first three quarters of 2025, a year-on-year decline of 2.90%, with a net profit of 66.36 million yuan, down 69.22% compared to the previous year [1] - The third quarter saw a revenue of 1.212 billion yuan, a year-on-year increase of 35.61%, and a net profit of 177 million yuan, up 1463.17% year-on-year, attributed to the release of major films [1] - The overall performance decline in the first three quarters was mainly due to underperforming box office results of some major films, leading to reduced gross profit [1] Revenue and Box Office Performance - In the first three quarters of 2025, China Film produced or participated in 30 films, achieving a total box office of 12.251 billion yuan, accounting for 32.79% of the total box office for domestic films during the same period [1] - The company was involved in the distribution of 336 domestic films, generating a box office of 27.861 billion yuan, which represents 82.66% of the total domestic film box office [2] - The company also distributed 117 imported films, with a box office of 2.837 billion yuan, accounting for 69.52% of the total box office for imported films [2] Notable Film Releases - The film "Nanjing Photo Studio," produced by China Film, surpassed 3 billion yuan in box office, becoming the summer box office champion of 2025 [2] - During the National Day holiday, the film "Volunteers: Blood and Peace" topped the box office for the period [2] - The top ten films in the domestic box office for 2025 accounted for 72.5% of the total box office, with a combined revenue of 30.402 billion yuan [2] Market Trends and Future Outlook - The National Day box office performance was relatively weak, with no single film breaking the 1 billion yuan mark, and the lack of blockbuster films contributed to this underperformance [3] - Upcoming films such as "Zootopia 2" and "Avatar 3: Fire and Ash" are highly anticipated in the fourth quarter [3] - The trend of box office revenue concentrating on top films is becoming more pronounced, prompting the company to focus on improving project quality and diversifying film types [4] - The company plans to establish a new subsidiary for importing films, enhancing its capabilities in copyright investment, IP operation, and market supply [4]

Core Insights - China Film (600977) reported a significant turnaround in Q3 2025, achieving a revenue of 1.212 billion yuan, a year-on-year increase of 35.61%, and a net profit of 177 million yuan, a remarkable growth of 1463.17% [1] Financial Performance - For the first three quarters of 2025, China Film's total revenue was 2.928 billion yuan, showing a slight decline year-on-year, while the net profit was 66.357 million yuan [1] - The overall box office in China for the first three quarters reached 41.952 billion yuan, a year-on-year increase of 21.12%, with total audience attendance at 985 million [1] Film Production and Box Office - China Film produced or participated in the production of 30 films in the first three quarters, generating a total box office of 12.251 billion yuan, accounting for 32.79% of the total domestic box office [2] - The film "Nanjing Photo Studio" was a key contributor to the Q3 performance, surpassing 3 billion yuan in box office and becoming the summer box office champion of 2025 [1][2] Cinema Operations - As of the end of Q3, China Film operated 123 cinemas with 923 screens, covering a total of 25,268 screens and 3.1343 million seats nationwide, achieving a market share of 30.97% [2] - The box office for the cinemas and film lines under China Film reached 11.264 billion yuan in the first three quarters of 2025 [2] Technology and Innovation - The CINITY technology segment had 218 operational CINITY theaters, including 42 CINITY LED theaters, with 7 additional theaters installed and awaiting opening [2] - A total of 963 CINITY projectors were sold in the first three quarters, representing a 61% share of the new screen market [2]

Core Insights - The company reported a significant increase in profits for the third quarter, with revenue reaching 1.212 billion yuan, a year-on-year growth of 35.61%, and net profit soaring to 177 million yuan, a staggering increase of 1463.17% [2] - For the first three quarters of 2025, the company produced or participated in 30 films, achieving a total box office of 12.251 billion yuan, which accounted for 32.79% of the total box office for domestic films during the same period [2] - The company’s films dominated the top ten domestic box office for the first three quarters, with five films produced by the company, including "Nanjing Photo Studio," which grossed over 3 billion yuan and became the box office champion of the summer season [2] Industry Overview - The overall domestic film market showed a strong performance, with total box office revenue reaching 41.952 billion yuan in the first three quarters of 2025, reflecting a year-on-year growth of 21.12% and total audience attendance of 985 million [3] - Domestic films accounted for 89.21% of the total box office, generating 37.359 billion yuan, while imported films contributed 4.52 billion yuan, representing 10.79% of the total [3] - The company played a significant role in film distribution, leading or participating in the distribution of 336 domestic films, which collectively earned 27.861 billion yuan, accounting for 82.66% of the domestic film box office [3]

Core Viewpoint - The profitability of Chinese films has significantly increased, driven by successful domestic productions and a growing market share in the film industry [3][4]. Financial Performance - In Q3 2025, the company's revenue reached 1.212 billion yuan, a year-on-year increase of 35.61%, while net profit soared to 177 million yuan, reflecting a staggering growth of 1463.17% [3]. - For the first three quarters of 2025, the company's revenue totaled 2.928 billion yuan, a decline of 2.90% year-on-year, with net profit at 66.357 million yuan, down 69.22% [3]. Film Production and Box Office - The company was involved in the production and release of 30 films in the first three quarters of 2025, achieving a total box office of 12.251 billion yuan, which accounted for 32.79% of the total box office for domestic films during the same period [3]. - Among the top ten domestic films by box office in 2025, five were produced by the company, including "Nanjing Photo Studio," which grossed over 3 billion yuan and became the summer box office champion [3]. Industry Overview - The total box office for Chinese films in the first three quarters of 2025 reached 41.952 billion yuan, marking a year-on-year growth of 21.12%, with total audience attendance at 985 million [4]. - Domestic films accounted for 37.359 billion yuan of the total box office, representing 89.21%, while imported films contributed 4.52 billion yuan, or 10.79% [4]. Distribution and Exhibition - The company led or participated in the distribution of 336 domestic films, generating a total box office of 27.861 billion yuan, which is 82.66% of the total domestic film box office [5]. - The company also distributed 117 imported films, achieving a box office of 2.837 billion yuan, accounting for 69.52% of the total box office for imported films [5]. - As of the end of the reporting period, the company operated 123 cinemas with 923 screens, covering a total of 25,268 screens and 3.1343 million seats nationwide, holding a market share of 30.97% in screen count [5].

Core Insights - The Chinese film industry is experiencing a significant increase in the share of domestic films, with a notable rise in profits for Chinese film companies [1][2]. Financial Performance - In Q3, the company reported revenue of 1.212 billion yuan, a year-on-year increase of 35.61%, and a net profit of 177 million yuan, a staggering year-on-year increase of 1463.17% [2]. - For the first three quarters of 2025, the company's revenue was 2.928 billion yuan, reflecting a year-on-year decline of 2.90%, while net profit was 66.357 million yuan, down 69.22% year-on-year [3]. Box Office Performance - The company participated in the production and release of 30 films in the first three quarters of 2025, achieving a total box office of 12.251 billion yuan, which accounted for 32.79% of the total box office for domestic films during the same period [3]. - Among the top ten domestic films by box office in 2025, five were produced by the company, including "Nanjing Photo Studio," which grossed over 3 billion yuan and became the summer box office champion [3]. - The company's film "Volunteers: Blood and Peace" won the box office champion during the National Day holiday period [3]. Industry Trends - In the first three quarters of 2025, the total box office for all films in China reached 41.952 billion yuan, a year-on-year increase of 21.12%, with total audience attendance of 985 million [3]. - Domestic films generated a box office of 37.359 billion yuan, representing 89.21% of the total box office, while imported films accounted for 10.79% with a box office of 4.52 billion yuan [3]. Distribution and Exhibition - The company led or participated in the distribution of 336 domestic films, achieving a total box office of 27.861 billion yuan, which accounted for 82.66% of the total box office for domestic films [4]. - The company also distributed 117 imported films, with a total box office of 2.837 billion yuan, representing 69.52% of the total box office for imported films [4]. - As of the end of the reporting period, the company operated 123 cinemas with 923 screens, covering a total of 25,268 screens and 3.1343 million seats nationwide, with a market share of 30.97% in terms of screens [4].

Macro Dynamics - The 11th batch of national organized drug procurement has announced the selection results, including 55 types of drugs across various fields such as anti-infection, anti-allergy, anti-tumor, blood sugar reduction, blood pressure reduction, and blood lipid reduction. The procurement aims to stabilize clinical use, ensure quality, prevent internal competition, and avoid collusion in bidding. A total of 46,000 medical institutions participated, with 445 companies submitting bids, and 272 companies' products being shortlisted. Patients are expected to access these selected drugs by February 2026 [2] Financial Institutions - Bank of China reported a net profit of 177.66 billion yuan for the first three quarters of 2025, a year-on-year increase of 1.08%, with total operating income of 491.20 billion yuan, up 2.69% [6] - Huatai Securities announced a net profit of 1.88 billion yuan for the first three quarters of 2025, a year-on-year increase of 64.71%, with operating income of 44.23 billion yuan, up 67.32% [7] Market Data - On October 28, the A-share market saw all three major indices decline, with the ChiNext index dropping 0.15%. The total trading volume in the Shanghai and Shenzhen markets was 2.15 trillion yuan, a decrease of 192.3 billion yuan from the previous trading day [8][9] - The financing balance of the two markets increased by 24.57 billion yuan, with the Shanghai Stock Exchange reporting a balance of 1.25 trillion yuan and the Shenzhen Stock Exchange reporting 1.21 trillion yuan [10] Company Dynamics - *ST Zhengping announced a stock trading suspension for verification due to a cumulative increase of 152.42% in stock price from September 1 to October 28, indicating potential market overheating and irrational speculation. The company faces risks of delisting and ongoing financial losses [12] - Haowei Group reported a net profit of 3.21 billion yuan for the first three quarters of 2025, a year-on-year increase of 35.15%, driven by growth in the automotive intelligent driving sector [13] - Zhaoyi Innovation reported a net profit of 508 million yuan for the third quarter of 2025, a year-on-year increase of 61.13%, attributed to improvements in the DRAM industry supply chain [14] - China Film reported a third-quarter revenue of 1.21 billion yuan, a year-on-year increase of 35.61%, with a significant increase in net profit due to successful film releases [15] - Hongmeng Zhixing announced that the total delivery of the AITO M9 has surpassed 250,000 units [16] - Suli Co. reported a net profit of 59.42 million yuan for the third quarter of 2025, a year-on-year increase of 2750.24%, driven by growth in agricultural chemical sales [17]

【#中国电影第三季度净利润同比增长1463%# 主导或参与出品电影累计实现票房123亿元】中国电影公 告称，第三季度营收为12.12亿元，同比增长35.61%；净利润为1.77亿元，同比增长1,463.17%。前三季 度营收为29.28亿元，同比下降2.90%；净利润为6635.7万元，同比下降69.22%。2025年前三季度，公司 主导或参与出品并投放市场的电影共30部，累计实现票房122.51亿元，占同期全国国产影片票房总额的 32.79%。国产票房前十的影片中，公司出品电影占据五位。公司主出品电影《南京照相馆》票房超过 30亿元，成为2025年暑期档票房冠军，将代表中国内地角逐第98届奥斯卡最佳国际影片。2025国庆档， 公司主出品电影《志愿军：浴血和平》夺得档期票房冠军，并以87.2分居观众满意度榜首。(智通财经 APP) ...

【中国电影：第三季度净利润同比增长1463% 主导或参与出品电影累计实现票房123亿元】 #中国电影第三季度利润增长超14倍# 智通财经10月28日电，中国电影(600977.SH)公告称，第三季度营收为12.12亿元，同比增长35.61%；净 利润为1.77亿元，同比增长1,463.17%。前三季度营收为29.28亿元，同比下降2.90%；净利润为6635.7万 元，同比下降69.22%。2025年前三季度，公司主导或参与出品并投放市场的电影共30部，累计实现票 房122.51亿元，占同期全国国产影片票房总额的32.79%。国产票房前十的影片中，公司出品电影占据五 位。公司主出品电影《南京照相馆》票房超过30亿元，成为2025年暑期档票房冠军，将代表中国内地角 逐第98届奥斯卡最佳国际影片。2025国庆档，公司主出品电影《志愿军：浴血和平》夺得档期票房冠 军，并以87.2分居观众满意度榜首。(智通财经) ...