The National Film Administration has stated that it will moderately reduce the import quantity of USA films, causing related US stocks to plummet.
① The National Film Bureau responded today to the USA's increased tariffs on China, stating that it will moderately reduce the number of American films imported. ② According to reporters from Caixin, cinema sources have indicated that there has been no notification of Hollywood films such as 'Thunder Force' being withdrawn from release. ③ Over the past three years, domestic films have dominated the annual box office.
Brokerage morning meeting highlights: remain bullish on Publishing and AI+Education investment opportunities.
In today's Brokerage morning meeting, Zhongtai stated that it remains Bullish on Publishing and AI+Education investment opportunities; CITIC SEC pointed out that it is important to focus on the valuation increase of the Education Sector; China Securities Co.,Ltd. noted that the price increase of Cement and fiberglass continues, and the timing for allocating cyclical sectors has arrived.
Driven by technology and policy, the Education Industry pattern and valuation are expected to be restructured.
At the economic themed press conference on March 5, Zheng Zhanjie, the director of the National Development and Reform Commission, introduced plans to expand the supply of high-quality Education resources, continue to promote the quality upgrade of higher education, and further increase the scale of undergraduate enrollment in 'Double First Class' Universities.
The total box office of "Nezha: The Devil's Child" has exceeded 6 billion! This has ignited demand for related products, and collaborations are in high demand.
① The derivatives and co-branded products related to "Nezha 2", ranging from everyday consumer items like "Millets" merchandise and Dairy Products to Consumer Electronics and even hardcore products like Autos, have become the "highlights beyond the scene" for the Spring Festival in the Year of the Snake. ② Many manufacturers in Yiwu have been working overnight to produce "Nezha 2 phone cases", "Magic Towel headbands", and "albums", which have all sold over 10,000 units on PDD Holdings.
Is the box office during the Spring Festival stable? Listed film companies have revealed their ace IP sequels, and the industry expects the box office to exceed last year's.
Multiple industry insiders have stated that considering the several films scheduled for release have significant scale and already have accumulated audiences, combined with the fact that the 2025 Spring Festival period lasts for 8 days, the box office during this period is expected to surpass last year's same period, breaking the record for Spring Festival box office in China.
Breaking through 41 billion! The annual box office is still racing. Next year's Spring Festival lineup is "a big hit" | Year-end summary.
① The 2024 film market has entered the final sprint phase, and as this year's last major release period, the box office for the New Year's season has surpassed 2.1 billion yuan. The total box office for China Film Co., Ltd. in 2024 has reached 41.696 billion yuan; ② With the recovery of production capacity and the scheduling of blockbusters, the industry generally has a good expectation for the 2025 Spring Festival release period, with several listed film companies presenting "big hits" to compete in next year's Spring Festival.