Spring Festival Box Office Surpasses 4 Billion Yuan! “Pegasus” 3 Dominates with 2.1 Billion Yuan, Backed by a Full List of A-Share Companies
The 2026 Spring Festival box office has achieved a strong start. As of February 21, the total box office (including pre-sales) has exceeded 4 billion yuan, setting a record for the longest Spring Festival period in history. Among them, “Pegasus” 3 led strongly with 2.1 billion yuan,占据半壁江山, becoming the absolute box office pillar of this year’s Spring Festival.
Behind this phenomenon-level film, several leading A-share entertainment companies have come together to share the box office dividends. Listed companies such as Enlight Media, China Film, Wanda Film, Hengdian Film & TV, Bona Film Group, and Happy Blue Ocean have all participated in production or distribution, covering the entire industry chain from production, promotion, to theater operation.
As one of the core producers, Enlight Media directly invested and benefited indirectly through its stake in Maoyan, making it a key winner on the content side; China Film, as the industry’s national team, deeply involved in top-tier films, leveraging its full industry chain advantages to secure stable gains; Wanda Film, relying on the largest theater network nationwide, benefits both from revenue sharing of production and box office earnings; Hengdian Film & TV, Happy Blue Ocean, Bona Film Group, and others also benefit from box office surges through production and theater channels.
“Pegasus” 3’s box office continues to rise, not only boosting sentiment in the film sector but also directly increasing the performance of related companies. As movie-going enthusiasm remains high, there is still room for the Spring Festival box office to grow, and the listed A-share companies behind it are expected to see both performance and valuation double.
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Spring Festival box office exceeds 4 billion! "Pegasus" rakes in 2.1 billion, a full overview of the A-share companies behind it
Spring Festival Box Office Surpasses 4 Billion Yuan! “Pegasus” 3 Dominates with 2.1 Billion Yuan, Backed by a Full List of A-Share Companies
The 2026 Spring Festival box office has achieved a strong start. As of February 21, the total box office (including pre-sales) has exceeded 4 billion yuan, setting a record for the longest Spring Festival period in history. Among them, “Pegasus” 3 led strongly with 2.1 billion yuan,占据半壁江山, becoming the absolute box office pillar of this year’s Spring Festival.
Behind this phenomenon-level film, several leading A-share entertainment companies have come together to share the box office dividends. Listed companies such as Enlight Media, China Film, Wanda Film, Hengdian Film & TV, Bona Film Group, and Happy Blue Ocean have all participated in production or distribution, covering the entire industry chain from production, promotion, to theater operation.
As one of the core producers, Enlight Media directly invested and benefited indirectly through its stake in Maoyan, making it a key winner on the content side; China Film, as the industry’s national team, deeply involved in top-tier films, leveraging its full industry chain advantages to secure stable gains; Wanda Film, relying on the largest theater network nationwide, benefits both from revenue sharing of production and box office earnings; Hengdian Film & TV, Happy Blue Ocean, Bona Film Group, and others also benefit from box office surges through production and theater channels.
“Pegasus” 3’s box office continues to rise, not only boosting sentiment in the film sector but also directly increasing the performance of related companies. As movie-going enthusiasm remains high, there is still room for the Spring Festival box office to grow, and the listed A-share companies behind it are expected to see both performance and valuation double.