封面新闻记者 周琴 而这份希望，绝不只是停留在电影中，我相信这份力量会给很多观影者的工作和生活带来正向鼓舞。就 好像这一次我发出专访梁家辉的邀约，就有怀揣被电影所鼓舞的力量。机会是不大，但试试呗，万一又 实现了呢？最后，真的实现了。 网友说梁家辉"法拉利老了还是法拉利"，不是说说而已。虽然我们常常调侃"男人至死是少年"，但如果 一个普通的67岁的男性在你面前，你大概率不太会想要看他谈恋爱。但如果这个人是梁家辉，我想很多 人都可以！采访时，当他说如果和叶童合作，想试试拍人与AI冒险、相爱的电影时，我脱口而出"好想 看你（在戏中）谈恋爱啊"。写稿前看了看微博有网友11月的时候在催更叶童和家辉哥的这次合作，叶 童说，这个要问家辉哥。那我们，保持期待吧。 那天印象很深刻的片段是，家辉哥在说起来采访间前，对外面看他的粉丝比心，他说不管AI如何发 展，演员的心是AI不能替代，说完这句话家辉哥的眼眶红了。半个月后，在金鸡奖的一个推介活动 上，我在台下听他和关锦鹏导演对谈。家辉哥回忆关锦鹏导演拍摄《阮玲玉》时曾因为胶卷拍完而哭 过，讲完这件往事他也哭了，这个"老派"的男人掏出手帕擦了擦脸，然后又回到了平静的讲述中。半个 月内 ...

Core Viewpoint - The Z generation is becoming the main consumer force, driving trends in the entertainment industry, as evidenced by the booming "concert economy" and "IP economy" [1] - Damai Entertainment's first financial report after its rebranding shows significant growth, with a revenue of 4.047 billion RMB and a net profit of 519 million RMB, reflecting a year-on-year increase of 33% and 54% respectively [2][4] Financial Performance - For the first half of the fiscal year 2026, Damai Entertainment reported a revenue of 4.047 billion RMB, up 33% from 3.051 billion RMB in the previous year [2] - The net profit attributable to the parent company reached 519 million RMB, a 54% increase from 337 million RMB [2] Business Segments - The revenue from performance content and technology reached 1.339 billion RMB, a 15% increase, while the IP derivative business saw a remarkable growth of 105%, generating 1.160 billion RMB [4][7] - The film content and technology business generated 1.064 billion RMB, while the drama production segment increased to 484 million RMB, showing significant growth [4] Strategic Initiatives - The "Entertainment + AI" strategy launched in May 2023 aligns with market trends and consumer expectations, contributing to the company's strong performance [5] - Damai's platform has surpassed 300 million users, maintaining a leading position in the global industry, and has transformed into a comprehensive entertainment ticketing platform covering over 40 categories [5][6] Growth Drivers - The new Damai APP, driven by AI technology, is becoming a key entry point for real-world entertainment consumption, enhancing service efficiency [6] - The company has successfully launched high-quality performance projects, leading to over 50% growth in live entertainment content revenue [6] IP Derivative Business - The IP derivative business, particularly through Alibaba's "Aliyu," has seen explosive growth, with revenue and profit metrics doubling [7] - Aliyu has established partnerships with hundreds of quality IPs and thousands of brands, showcasing its strong market potential [7] International Expansion - Damai Entertainment is expanding its international business, starting with Southeast Asia and Japan/Korea, to meet the growing demand for cross-border entertainment [9] - The launch of "Damai International (MAISEAT)" aims to provide global users with ticketing and viewing services for various popular events, marking the company's first step towards becoming a globally competitive entertainment group [9] Market Sentiment - Analysts from various securities firms have given strong recommendations for Damai Entertainment, indicating confidence in its growth potential and strategic direction [10] - The company's stock price has been on the rise since its rebranding, reflecting the market's recognition of its investment value and future prospects [10]

Core Viewpoint - The company reported strong revenue growth in FY26H1, driven by performance in live events and IP derivative businesses, despite some challenges in profit margins and specific segments [4][5][6]. Group 1: Financial Performance - The company achieved revenue of 4.05 billion RMB in FY26H1, representing a year-over-year increase of 33% [4]. - Gross profit reached 1.44 billion RMB, with a year-over-year growth of 9.7%, resulting in a gross margin of 35.7%, which is a decline of 7.4 percentage points compared to the previous year [4]. - Adjusted EBITA was 550 million RMB, down 14% year-over-year, but up 14% compared to FY25H1 after excluding a one-time gain of 160 million RMB [4]. - Net profit attributable to shareholders was 520 million RMB, reflecting a significant year-over-year increase of 54% [4]. Group 2: Business Segments - Revenue from performance content and technology business was 1.339 billion RMB, up 15% year-over-year, with segment performance at approximately 754 million RMB, a 5% increase [5]. - The ticketing business saw a 17% increase in user engagement, with over 2,500 large events serviced, a 19% increase in the number of events compared to the previous year [5]. - The IP derivative business generated 1.16 billion RMB in revenue, a remarkable year-over-year growth of 105%, with segment performance at 235 million RMB, up 44% [5]. - The film content and technology business reported revenue of 1.064 billion RMB, down 15% year-over-year, as the company adopted a cautious strategy focusing on low-risk, high-quality content [5]. - The drama production segment achieved revenue of 484 million RMB, with a significant increase of 423 million RMB year-over-year, turning a profit [5]. Group 3: Cost Management - The company reported a gross profit of 1.444 billion RMB, with sales and marketing expenses of 332 million RMB, reflecting a 1% year-over-year increase and a decrease in expense ratio from 11% to 8% [6]. - Management expenses were 669 million RMB, up 12% year-over-year, primarily due to increased operational costs associated with business growth [6].

Core Insights - The core viewpoint of the article highlights the sustained growth and profitability of Damai Entertainment, with total revenue reaching approximately 4.047 billion yuan, a year-on-year increase of 33%, and a net profit of about 520 million yuan, up 54% [1] Group 1: Business Diversification and Growth Engines - Damai Entertainment's diversified business model has become a new growth engine, enhancing core profitability. The performance of various business lines shows strong growth, with revenue from performance content and technology reaching 1.339 billion yuan, a 15% increase year-on-year [2] - The IP derivative business has seen remarkable growth, achieving revenue of 1.16 billion yuan, a 105% increase year-on-year, with the core business Aliyu's revenue more than doubling [2][3] - The company has effectively countered the sluggish film market by maintaining high-quality output in film and drama content while leveraging technology to stabilize its film technology and investment production platform [3][4] Group 2: Strategic Upgrades and Market Position - The newly upgraded Damai APP aims to become a super application, benefiting from the booming offline entertainment sector, which enhances both short-term resilience and long-term growth potential [5] - The upgraded app connects over 40 subcategories, covering more than 12,000 cinemas, 20,000 venues, and 100,000 popular attractions, expanding its user base to 300 million and reinforcing its leading position in the global industry [5][6] - The launch of the global performance service platform "Damai International" marks a significant step in the company's international strategy, providing ticketing and performance services for various events worldwide [6][7] Group 3: Future Outlook and Market Sentiment - The future development path of Damai Entertainment is becoming clearer, focusing on content IP as a core driver, business innovation, and user value, while expanding overseas markets and enhancing the scale of IP derivatives [7] - The capital market sentiment is positive, with institutions like Morgan Stanley and Goldman Sachs expressing optimism about Damai Entertainment's value potential, indicating a potential upward space for the stock price [8]

Core Viewpoint - The development of the film and television industry in Guangdong is being significantly boosted by the emergence of new film bases and supportive government policies, creating a new landscape for the industry [1] Group 1: Industry Development - A number of emerging film bases have been established in recent years, supported by favorable policies, contributing to the restructuring of the film and television industry [1] - The film "Catching the Wind" has drawn attention to the Panyu film base in Guangzhou, which covers an area of 260,000 square meters, combining old factories with modern art to create visually impactful scenes [3] Group 2: Production Capacity - The Zini Tang production base in Guangzhou, which was transformed from China's first automated sugar factory built in 1952, has hosted nearly 300 film and television productions, with over 20 productions filmed this year alone [5] - The Hong Kong-based film company has seen an increase in the number of Hong Kong film crews utilizing their Guangzhou branch for mainland filming resources, indicating a growing trend of collaboration [7] Group 3: Regional Advantages - Guangdong's climate is particularly suitable for winter filming, and the region's convenient transportation and supportive policies are attracting more film crews [11] - The "15 Policies for Guangdong's Film and Television Industry" released in May provides comprehensive support across the entire production chain, aiming to invigorate the market with substantial financial incentives [11]

Group 1 - The film "Chasing the Wind" has achieved a total box office revenue of over 700 million within 14 days of its release [1]

Core Viewpoint - iQIYI reported strong financial performance in Q2 2025, with total revenue reaching 6.63 billion yuan, driven by membership services and advertising revenue, while maintaining Non-GAAP operating profit for 14 consecutive quarters [2] Financial Performance - Total revenue for Q2 2025 was 6.63 billion yuan, with membership service revenue at 4.09 billion yuan, online advertising revenue at 1.27 billion yuan, content distribution revenue at 440 million yuan, and other revenue at 830 million yuan [2] - Non-GAAP operating profit was 58.7 million yuan, and Non-GAAP net profit was 14.7 million yuan [2] Content Strategy - iQIYI's CEO highlighted the success of popular content during the summer season, with a focus on innovation and investment in AI applications, micro-dramas, experiential business, and overseas markets [2] - The company launched 2 to 3 major micro-dramas weekly during the summer, with significant growth in daily viewing time and unique visitors for micro-dramas [2] Market Position - iQIYI's market share in the drama segment ranked first, and the second season of the variety show "Comedy King Stand-up Season" achieved the highest market share in its category during the summer [2] - The film "Chasing the Wind" produced by iQIYI surpassed 300 million yuan in box office revenue, while "Nezha: Birth of the Demon Child" became the first film on the platform to exceed a popularity score of 10,000 [2] AI Integration - AI technology has significantly enhanced content production efficiency, with the short drama "Don't Panic, King 2" achieving over a 10-fold increase in production efficiency, reducing costs and shortening production cycles [3]

Core Viewpoint - A new batch of films has been scheduled for release, with "731" set to premiere on September 18 [1] Film Release Schedule - August 15: "Mountains and Rivers as Evidence" (Documentary), "Mr. Pingshi" [1] - August 16: "Chasing Shadows", "Bad Guys Alliance 2" (USA, Animated), "Non-Human: Limited Time Player" (Animated) [1] - August 23: "White Coat Rescuers" [1] - August 29: "A Cloud Like You", "Untamed" [1] - September 3: "Rescue Flying Tigers" [1] - September 5: "The Pause of Love" (Norway) [1] - September 13: "Lighter than a Feather" [1] - September 18: "731" [1]

Group 1 - A new batch of films has been scheduled for release, including titles such as "Mountain and River as Evidence" and "Mr. Pingshi" on August 15, and "731" on September 18 [1] - The film "731" has garnered significant attention, with over 3.8 million people expressing interest in watching it, making it the most anticipated film [3] - Directed by Zhao Linshan, "731" focuses on the atrocities of the 731 Unit during the Anti-Japanese War, showcasing the struggles and resistance of ordinary people [3]

Group 1 - The film "731" is scheduled for release on September 18, following a previous postponement due to concerns over graphic content [1][2][3] - The film is produced by multiple provincial propaganda departments and features a storyline centered around the atrocities committed by the Japanese military's Unit 731 during World War II [3] - The summer box office has seen significant success, with total earnings surpassing 6.8 billion yuan as of August 3, with "Nanjing Photo Studio" leading the charts with over 1.4 billion yuan in ticket sales [3][4][6] Group 2 - "Nanjing Photo Studio" has emerged as a strong performer in the summer box office, achieving 1.4 billion yuan in revenue within just nine days of release [4] - "Wanglang Mountain Little Monster" has also performed well, crossing 100 million yuan in ticket sales shortly after its release [5][6] - The overall box office landscape indicates a competitive environment with multiple films vying for audience attention during the summer season [3][4]