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Maoyan ent (01896.HK): A leader in online ticketing & entertainment content, the film main business is nearing a turning point, and live performances contribute new growth.
Maoyan Entertainment: The leader in online entertainment ticketing. The company is a leading "technology + full entertainment" service provider in the country, with major shareholders including Light Media, Tencent, and Meituan. Currently, the business mainly includes online entertainment ticketing services, entertainment content services, advertising services, and so on.
Express News | Huachuang Securities: Assigns an initial rating of add to maoyan ent, with a target price of 11.20 HKD.
Founder Securities: The inflection point of film content supply in 2025 may come, and box office is expected to warm up.
Due to insufficient supply of high-quality movies, the box office in 2024 is expected to form a low base, increasing market attention to the 2025 film market.
Express News | Founder Securities: The box office in 2025 is expected to increase by about 20% year-on-year, focusing on strong movie scheduling expectations to catalyze the symbol.
China International Capital Corporation: The 2025 Spring Festival film market has started scheduling. Focus on high-quality content to bring about marginal repair elasticity.
Recently, the Spring Festival films for 2025 have started to schedule. "The Investiture of the Gods Part 2: The Fire of War in Western Qi" and "Boonie Bears: The Big Shrink" are both scheduled for January 29, 2025 (Chinese New Year's Day).
Huajin Securities: The IP industry steadily improves and promotes the development of various links in the industry chain.
With the diversification of media channels, the increasing number of diverse small IPs and subculture IPs, IP that is shorter, faster, and more emotionally direct has become a new preference.
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