Maoyan Entertainment’s share price soared by 5.39%, and the box office of Chinese movies is expected to hit a record high in 2024.

　　Maoyan Entertainment’s share price rose by 5.39%, and its performance growth exceeded expectations.

　　Maoyan Entertainment’s share price rose significantly, and the market’s expectation of its performance growth was also exceeded. This phenomenon shows that investors are optimistic about the prospect of () industry.

　　Maoyan Entertainment’s performance has increased greatly.

　　According to the Yingxi announcement issued by Maoyan Entertainment, it is estimated that the revenue in 2023 will increase by about 102.6% to 106.9%, and the net profit returned to the mother will increase by 739.7% to 787.4%. This remarkable performance growth is mainly due to the excellent perform ance of New Year movies, effective management cost control and the adjustment of forecast income tax rate.

　　China’s movie box office market has good prospects.

　　According to the data of Lighthouse Professional Edition, as of March 10th, the box office in 2024 (including pre-sale) has exceeded 15 billion yuan. Benefiting from the supply cycle of domestic and Hollywood movies, coupled with strong market demand, it is predicted that the box office of Chinese movies this year is expected to exceed the historical highest level of 64.2 billion yuan in 2019. With the improvement of business leverage, the broadcasting channel is expected to get better profits.

　　Investors should carefully assess risks before making investment decisions.

　　The content of this article is for reference only. Before making any investment decision, investors should consider the risk factors related to investment products according to their own conditions and consult professional investment consul tants when necessary. At the same time, the authenticity, accuracy and originality of this article cannot be guaranteed.