According to the Huaxin Securities Research report, 603103.SH 's revenue in the third quarter increased by 99%, profit recovery continued, the main business repaired the sinking market with increment, and then looked at the supply of high-quality content. In October 2023, the company signed a cinema agreement with IMAX to build 20 new IMAX cinemas, highlighting the company's attitude towards the future development of the film market and adding IMAX cinemas based on user experience. Internal and external factors have accelerated the clearance of the cinema film industry, and the company's market share is stable. Investment dimension, short-term viewing of high-quality films, medium-term single screen output inflection point, long-term view of the rise of domestic high-quality content supply and cultural output under cultural and film powers, both supply and demand are expected to continue to help the main industry pick up from 2023 to 2024, while the box office increment of the subsequent sinking market is expected to maintain the "buy" investment rating.