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Shanghai Film Plans to Raise Shanghai Film Yuan Stake to 70%
Double down on shanghai film! Dai Yun, General Manager of Shanghai Film, said that the integration of IP business and traditional business will become increasingly important.
① Recently, shanghai film announced plans to acquire 19% of the shares in shanghai film yuan held by shanghai film group and shanghai mei film. After this trade is completed, the equity structure of shanghai film yuan will be 70% held by the company, 30% held by shanghai mei film, and shanghai film group will no longer hold shares directly. ② At the "shanghai film power share meeting" held yesterday, the general manager of shanghai film, Dai Yun, revealed that the integration of the company's IP business with traditional business will increase in the future.
Open Source Securities: Multi-modal large models and AI hardware empower focus on the AI social companionship track and the AI asia vets industry.
The fault tolerance rate in children's companion scenes is relatively high, providing companionship, entertainment, or educational experiences. The combination of AI technology and children's companion scenes may lead to rapid development in the asia vets smart toy industry.
Revenue Beat: Shanghai Film Co., Ltd. Beat Analyst Estimates By 56%
Third Quarter Report 2024
The box office of Shanghai film weakens, the number of viewers decreases, and the performance of Shanghai film in the first three quarters is under pressure. | Interpretations
① Due to the weak performance of the large cap film market this year combined with the decline in audience numbers, the revenue and net profit of Shanghai film in the first three quarters decreased year-on-year. ② Considering the smooth progress of the company's major IP business, a blockbuster animated film is scheduled for release next year, and institutions expect the company to have a prosperous year in terms of product development.
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