China Securities: Predicting this year's summer box office between 17.5 billion yuan and 21.7 billion yuan.

June 19th, Jin10 Data: China International Capital Corporation’s outlook for the 2024 summer season: Focus on the performance of key films under high base numbers, and it is expected that the box office during this period will decrease by 15% to rise by 5%. There were many top films that had a certain degree of pressure from high base numbers with a box office of over 1 billion yuan in the summer season last year. We believe that the total box office for this year’s season may be between 85% (17.5 billion yuan) and 105% (21.7 billion yuan) of last year’s box office. The performance of top films may have a significant impact on the final box office results. We recommend continued attention to the progress of key film scheduling and the box office performance of films that have already been scheduled for release.