财报显示，2025年上半年，猫眼娱乐参与宣发及出品的国产片共29部，进口片9部；其中，猫眼娱 乐主控发行的影片共计24部，数量达历史同期新高水平。在上半年票房前五名的国产影片中，猫眼娱乐 参与了其中四部的发行及出品。 猫眼娱乐执行董事兼首席执行官郑志昊表示：2025年，猫眼娱乐坚持"科技+全文娱"的核心发展战 略，在全文娱行业持续深耕，不断提升核心竞争力和盈利能力，继续发扬做好全行业"服务生"的初心， 更好服务全行业的优质文娱内容。 8月25日，猫眼娱乐（01896.HK）发布2025年中期业绩公告。财报显示，2025年上半年，猫眼娱乐 总收入为24.72亿元，同比增长13.9%，净利润为1.79亿元，期内经调整净利润为2.35亿元。 精准把握市场脉搏，灵活宣传策略助力票房表现 作为领先的"科技+全文娱"服务提供商，猫眼娱乐积极发挥宣发能力优势，助力影片的票房表现。 例如，春节档期间，猫眼娱乐通过精准把握市场脉搏，结合实时反馈灵活调整宣传策略，推动《唐探 1900》获得口碑票房双丰收，以36.12亿的票房成为春节档票房亚军。这也意味着，猫眼娱乐主控发行 的影片已连续五年取得了位居春节档票房前两名的优异成绩。 ...

8月25日，猫眼娱乐发布2025年中期业绩公告。2025年上半年，猫眼娱乐总收入为24.72亿元，同比增长 13.9%，净利润为1.79亿元，期内经调整净利润为2.35亿元。 猫眼娱乐表示，在春节档头部影片的带动下，全国电影票房在第一季度表现亮眼，同比增长22.91%； 随着电影大盘在7月中旬回暖，猫眼娱乐主控发行及出品的多部暑期档影片陆续上映并表现优异，预计 将对下半年的利润产生积极影响。 上海大学悉尼工商学院讲师王雨婷对《证券日报》记者表示："在政策与市场的双重共振之下，当前影 视行业正站在供给修复和信心回暖的交汇点上，叠加政策对于优质内容生产的支持力度提升，有望推动 影视行业供给侧加速修复，实现优质内容推动观影需求抬升，再到行业盈利能力回升的良性循环。" 深耕电影与演出业务 探索AI技术赋能 公告披露，2025年上半年，猫眼娱乐参与的上映电影数量及票房表现保持行业前列，并持续发挥在宣发 服务能力与市场覆盖率方面的领先优势，项目储备丰富，线下演出业务增长明显。 具体来看，2025年上半年，猫眼娱乐参与宣发及出品的国产片共29部，进口片9部。其中，猫眼娱乐主 控发行的影片共计24部，数量达历史同期新高水平。 ...

Core Viewpoint - The company reported a significant decline in revenue and net profit for the year 2024, primarily due to underperformance in film box office and a decrease in the overall Chinese film market [1][2]. Revenue Summary - The company achieved a total revenue of 4.082 billion yuan in 2024, a year-on-year decrease of 14.19% [1]. - Revenue breakdown: - Entertainment content services accounted for 48% of total revenue, generating 1.96 billion yuan, down 14.8% year-on-year [1]. - Online entertainment ticketing services contributed 47.1% with 1.922 billion yuan, a decline of 14.9% [1]. - Advertising services and others made up 4.9% with revenue of 201 million yuan, an increase of 1.2% [1]. Profit Summary - The company reported a net profit attributable to shareholders of 182 million yuan, a significant decrease of 80.02% year-on-year [1]. - Adjusted net profit was 310 million yuan, down 69.9% compared to the previous year [1]. Film Participation and Market Coverage - In 2024, the company participated in 63 domestic films, with 36 films under its direct control, achieving a total box office of 23.2 billion yuan [2]. - The company was involved in 8 out of the top 10 domestic films by box office in 2024, marking a historical high in participation and market coverage [2]. - Upcoming projects include the 3D animation "Time's Child" set to release on May 30, 2025, along with several other films in various stages of development [2]. Live Performance Market - The offline performance market saw record highs in both total attendance and GMV in 2024 [3]. - The company provided ticketing services for major domestic artists and international stars, enhancing its competitive edge [3]. - The company is expanding its ticketing services in Southeast Asia, the Middle East, and Latin America, aiming to strengthen its market position [3]. - Continuous updates to the "Maoyan Professional Version" and "Maoyan Research Institute" are being made to explore AI and film collaboration opportunities [3].