The film tech company rode the China Lunar New Year ticket sales hitting its own record high of $1.3 billion on the strength of local releases like 'Ne Zha 2.'

There are more box office records for Imax coming out of Chinese New Year, with the company notching its biggest ever haul for the annual period.

China's film market enjoyed a record-breaking Lunar New Year, amassing a staggering RMB9.51 billion ($1.31 billion) in total box office revenue over the seven-day holiday period ending Feb. 4, according to a new report from Maoyan Research Institute.

Chinese New Year box office is off to a big start in the home market with records for first-day grosses overall and for Imax