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Ru Yi Pictures has entered into a deep strategic partnership with Tencent Music Entertainment Group.
Gelonghui, June 3 | According to the WeChat official account 'Ruyi Movie Life,' Ruyi Film and Tencent Music Entertainment Group (TME) have officially announced a deep strategic partnership. The two parties will leverage their respective core strengths in film and television content and music ecosystems to pursue multi-dimensional collaboration in areas such as audiovisual IP derivative development, integrated promotional resources, and co-construction of offline scenarios.
Huaan Securities: The summer movie season is entering its preheating phase; pay attention to opportunities in the summer box office film sector.
The industry has a robust pipeline of films, with numerous high-profile titles awaiting release dates, positioning the summer movie season for a strong start.
158 game licenses approved in May, including new titles from Tencent and NetEase
① Today, the National Press and Publication Administration released the online game approval list for May 2026, granting publishing licenses to a total of 158 games, including 154 domestic titles and 4 imported titles; ② The newly approved games include those from companies such as Tencent, NetEase, 37 Interactive Entertainment, Kingnet Network, and Lilith Games.
Ruyi Pictures (002739): Operating performance turns profitable; Super entertainment space and IP ecosystem continue to advance.
Event Description: Confucian Inspiration Pictures (formerly Wanda Pictures) disclosed its 2025 annual report. The company achieved revenue of 12.647 billion yuan in 2025 (a year-on-year increase of 2.30%) and net profit attributable to shareholders of 514 million yuan (a turnaround from losses in the previous year).
Ruyi Pictures (002739) 2025 Annual Report and 2026 Q1 Earnings Commentary: Building a Super Entertainment Space, Film Market Expected to Gradually Recover
Report Summary: The company's directly operated cinema box office revenue holds a leading position in the industry. Short-term performance is affected by overall box office fluctuations, but with the release of several high-quality domestic and imported films, performance is expected to recover alongside the broader film market. Key investment points: Short-term results are impacted by overall box office trends.
Ru Yi Pictures (002739): Revenue projected to increase by 2% in 2025; company's channel advantages and content potential remain optimistic.
Revenue grew by 2.3% year-over-year in 2025, with a decline in the first quarter of 2026 but outperforming the industry. 1) In 2025, the company achieved operating revenue of 12.65 billion yuan, representing a year-over-year increase of 2.3%, primarily driven by top-performing films.