Core Points - The 2025 Beijing Cultural Forum will be held from September 23 to 24 in Beijing, co-hosted by the Central Propaganda Department, Beijing Municipal Committee, and Beijing Municipal Government [1] - The forum's permanent theme is "Inheritance, Innovation, and Mutual Learning," with the annual theme focusing on "Cultural and Technological Integration" [1] - The event aims to promote cultural prosperity and human cooperation through dialogue and exchange, aligning with Xi Jinping's cultural thoughts and the Global Civilization Initiative [1] Summary by Categories Forum Structure - The forum will include a main forum, six parallel forums, over 20 professional salons, and regular activities in the Beijing Cultural Forum's guest hall [1] - Approximately 800 domestic and international guests will be invited, including leaders from cultural units, renowned experts, representatives from world-famous cultural institutions, and industry leaders [1] Key Topics - Discussions will focus on topics such as digital empowerment of cultural heritage, technology-driven cultural originality, audiovisual industry integration, new technologies enhancing public cultural quality, innovative development of online culture, and respect for cultural diversity [1] Supporting Activities - The forum will feature important results release sessions and a cultural industry investors' conference as part of its supporting activities [1]

Group 1 - The 2025 Beijing Cultural Forum will be held from September 23 to 24 in Beijing, co-hosted by the Central Propaganda Department, Beijing Municipal Committee, and Beijing Municipal Government [1] - The forum's permanent theme is "Inheritance, Innovation, and Mutual Learning," with the annual theme focusing on "Cultural and Technological Integration" [1] - The event aims to promote cultural prosperity and civilization exchange, gathering wisdom to build a community with a shared future for mankind [1] Group 2 - The forum will feature a main forum, six parallel forums, over 20 professional salons, and regular activities in the Beijing Cultural Forum's guest hall [1] - Approximately 800 domestic and international guests will be invited, including leaders from cultural units, renowned experts, representatives from world-famous cultural institutions, and industry leaders [1] - Additional activities will include a special session for important results release and a cultural industry investors' conference [1]

Core Points - The 2025 Beijing Cultural Forum will be held on September 23-24 in Beijing, co-hosted by the Central Propaganda Department and the Beijing municipal government [1] - The forum's permanent theme is "Inheritance, Innovation, and Mutual Learning," with the annual theme focusing on "Cultural and Technological Integration" [1] - The event aims to promote cultural prosperity and human cooperation through dialogue and exchange, aligning with Xi Jinping's cultural thoughts and the global civilization initiative [1] Event Structure - The forum will feature a main forum, six parallel forums, over 20 professional salons, and regular activities in the Beijing Cultural Forum's guest hall [1] - Approximately 800 domestic and international guests will be invited, including leaders from cultural units, renowned experts, representatives from world-class cultural institutions, and industry leaders [1] - Key topics for discussion include digital empowerment of cultural heritage, technology-driven cultural originality, audiovisual industry integration, enhancement of public cultural quality through new technologies, innovation in online culture, and respect for cultural diversity [1] Additional Activities - The forum will also host significant result release sessions and a cultural industry investors' conference as part of its supporting activities [1]

Financial Performance - In 2024, the company achieved a revenue of CNY 14.08 billion, with a net profit of CNY 1.364 billion, driven by a membership revenue exceeding CNY 5 billion, marking a year-on-year growth of 19.3% [2] - In Q1 2025, the company reported a revenue of CNY 2.9 billion and a net profit of CNY 379 million, with a decline in revenue attributed to a strategic reduction in traditional TV shopping business [2] - The company’s effective playback data for major series like "国色芳华" and "五福临门" saw a 117.7% year-on-year increase in Q1 2025 [7] Content Strategy - The introduction of the "赛道主理人" system aims to optimize content production, resulting in 160 new variety shows launched in 2024, maintaining a leading position in the industry [3] - The company is focusing on the integration of culture and technology, establishing the "山海研究院" for AI content creation, which has been applied across various content types [4][5] Cash Flow and Taxation - The operating cash flow significantly decreased in 2024 due to increased investments in high-quality content, particularly in major series [7] - A tax policy adjustment allows the company to enjoy a tax exemption from 2024 to 2027, positively impacting net profit in subsequent years [9] Membership Business - The company aims to grow its membership business by enhancing content quality and optimizing member benefits, focusing on both membership scale and ARPPU value [10] Micro-Short Drama Development - The company has launched 340 micro-short dramas in 2024, with strategic partnerships to enhance production and distribution [11] International Expansion - The international app revenue grew from CNY 62 million in 2023 to CNY 141 million in 2024, with downloads increasing from 130 million to 261 million [12]

Group 1 - The Beijing Cultural Forum launched its first event titled "Dialogue: Cultural Heritage Protection and Inheritance" at the Temple of Heaven Park, introducing the first batch of 17 cultural forum venues [1][3] - The selected venues are primarily spaces for cultural preservation and revitalization, showcasing the rich historical heritage of the ancient capital, with a focus on academic exchanges and discussions [3][4] - The Yanliao Guild Hall, established in the late Ming Dynasty, serves as an example of cultural revitalization, having hosted over 300 performances and welcomed more than 50,000 visitors since its restoration [3][4] Group 2 - The Beijing Cultural Forum, founded in 2022, aims to create a platform for showcasing Chinese cultural essence and promoting global cultural exchange, with a permanent theme of "Inheritance, Innovation, and Mutual Learning" [4] - This year, the forum's annual theme is "Cultural and Technological Integration," introducing the "Beijing Cultural Forum Salon" to facilitate ongoing discussions among cultural experts and scholars [4] - The forum plans to integrate existing high-quality cultural activities in Beijing, focusing on dialogue and academic exchanges, while establishing deep partnerships with various enterprises and institutions to enhance its market presence [4]