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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.
The Spring Festival period is approaching! Most of the Hong Kong stocks in the theater sector are rallying, with EMPEROR CULTURE rising over 5%.
① Which movies will be released during the Spring Festival? ② How do Institutions view the Spring Festival movie market?
Emperor Culture Group Announces Liquidation of H Cinematic
EMPEROR CULTURE (00491.HK): A resolution for the automatic liquidation of H Cinematic by creditors was approved on December 13, 2024.
On December 13, Gelonghui announced that the Board of Directors of EMPEROR CULTURE (00491.HK) was informed by Ms. Fan Minchang, a former director of H Cinematic Limited and an executive director of the company, that a resolution for the automatic winding-up of H Cinematic by creditors was passed on December 13, 2024, under Hong Kong Ordinance Chapter 32 on Companies (Winding Up and Miscellaneous Provisions). H Cinematic (an associated company of the firm) is a company established in Hong Kong, primarily engaged in the operation of theaters in Hong Kong.
The Lunar New Year holiday is approaching! Film stocks on the Hong Kong stock market are responding positively, with ALI PICTURES rising over 5%.
① What measures has the government implemented to boost consumer spending in the film industry? ② How do the institutions view the film market in 2025?
Emperor Culture Group Reveals Board Leadership and Structure