Core Viewpoint - Cat's Eye Entertainment (01896) reported a strong performance in its interim results, with total revenue of 2.472 billion yuan, a year-on-year increase of 13.9%, and a net profit of 179 million yuan, indicating robust growth in the film distribution sector [1] Financial Performance - Total revenue for the first half of the year reached 2.472 billion yuan, reflecting a 13.9% year-on-year growth [1] - Net profit for the period was 179 million yuan, while the adjusted net profit stood at 235 million yuan [1] Film Distribution - Cat's Eye participated in the distribution and production of 29 domestic films and 9 imported films during the first half of the year [1] - The company had a record high of 24 films under its direct control for distribution [1] - Cat's Eye was involved in four out of the top five domestic films by box office revenue during the first half of the year [1] IP Business Development - The interim report highlighted a significant focus on IP business, with the successful collaboration on "The King's Avatar: For the Glory" [1] - The company plans to deeply engage in high-profile game IP films and popular domestic animation IP films, expanding its content offerings in anime IP, celebrity IP, and film-related merchandise [1] - According to CITIC Securities, the company is currently experimenting with operations to accumulate experience, with future potential for scaling and systematic development in film IP operations [1]