Core Insights - The cultural new economy sectors are experiencing rapid growth, with significant contributions to the overall revenue of large-scale cultural enterprises [1] Group 1: Industry Performance - In the first three quarters of 2025, 16 sub-sectors characterized by cultural new economy features achieved a revenue of 48,860 billion yuan, representing a year-on-year growth of 14.1%, which is 6.2 percentage points higher than the growth of large-scale cultural enterprises [1] - The contribution rate of cultural new economy sectors to the revenue growth of large-scale cultural enterprises is 74.7%, driving a 5.9 percentage point increase in revenue [1] Group 2: High-Growth Sub-sectors - Five sub-sectors showed particularly high year-on-year revenue growth rates: - Manufacturing of entertainment smart drones: 47.2% - Other cultural digital content services: 24.5% - Internet advertising services: 20.0% - Other cultural arts: 19.0% - Multimedia gaming and animation: 18.1% [1]

Core Insights - The cultural new economy sectors are experiencing rapid growth, with 16 sub-industries achieving a total revenue of 31,564 billion yuan in the first half of 2025, representing a year-on-year increase of 13.6%, which is 6.2 percentage points higher than the overall growth of all large-scale cultural enterprises [1] Revenue Contribution - The revenue from cultural new economy sectors contributed 76.8% to the growth of all large-scale cultural enterprises [1] High-Growth Sub-Industries - Five sub-industries showed significant year-on-year revenue growth: - Manufacturing of entertainment smart drones: 42.8% - Other cultural digital content services: 22.9% - Other cultural arts: 20.3% - Internet advertising services: 19.5% - Digital publishing: 16.3% [1]