Core Insights - Macau is strategically developing its "concert economy" to attract overnight visitors, who spend four times more than day-trippers, boosting overall consumption and casino revenues [1] - The new show "Macau 2049," directed by Zhang Yimou, incorporates advanced technology and showcases eight forms of intangible cultural heritage, appealing to a wide audience with ticket prices starting at 288 HKD [2] - Hong Kong can learn from Macau's flexible venue pricing and more humanized approval processes for concerts, which could help revitalize its entertainment sector [3] Industry Analysis - The concert industry in Macau has successfully attracted a younger demographic, with 60% of concert-goers aged between 15 and 34, indicating a strong market for live entertainment [3] - Hosting more concerts in Hong Kong could create numerous job opportunities across various sectors, including event planning, venue management, and transportation [4] - The opening of the Kai Tak Sports Park, capable of accommodating 50,000 spectators, presents a significant opportunity for Hong Kong to enhance its concert economy and respond to creative industry demands [4]

Core Viewpoint - The performing arts market in Beijing has shown strong recovery and growth since 2021, with companies like 盛世非凡 actively innovating and expanding their offerings to capitalize on cultural trends [1] Group 1: Company Growth and Strategy - 盛世非凡 started as a Live House in 2017 and has since expanded to hosting large-scale events at venues like Wukesong Arena and the National Stadium, developing its own IP with outdoor music festivals [3] - The company has partnered with 苏州盛泽堂 to organize 光良's concert tour, including a 3.0 version scheduled for June 21, 2025, at the National Stadium, showcasing its ambition to grow in the live performance sector [3] - In 2024, 盛世非凡 will introduce the American electronic music group The Chainsmokers to Beijing, enhancing the domestic music market and providing a platform for cultural exchange [3] Group 2: Content Innovation and Audience Engagement - The company emphasizes high-quality content innovation as a key driver for attracting audiences, investing significant resources in project planning and execution [4] - The 张北 music festival features themed programming over three days, allowing diverse audience engagement and enhancing the festival's interactive experience [4] - 盛世非凡 aims to promote Chinese traditional music globally by integrating it with modern music and collaborating with both international and domestic artists [4] Group 3: Enhancements in Experience and Services - The company has implemented various innovations to improve audience experience, such as providing free drinking water at music festivals and upgrading sanitation facilities to fixed independent restrooms [5] - 盛世非凡 has also ventured into the food and beverage sector by co-founding the restaurant brand "刘肉面" in Chengdu, integrating its entertainment resources to create a local chain [5] - Plans are in place to open a branch of "刘肉面" in Beijing, further expanding the company's business model [5]

Core Insights - The article highlights the opening of over 20 entertainment businesses at the Binhang Commercial Center, establishing a new "Entertainment+" urban complex that aims to create a vibrant lifestyle experience [1][3] - A nationwide first membership system for entertainment ticket purchasing in shopping malls is set to launch, allowing consumers to buy various tickets and earn points redeemable for discounts on entertainment [1][6] Group 1: Entertainment Offerings - The Binhang Commercial Center features immersive experiences such as a VR experience zone, a multi-functional performance space, and various themed theaters, enhancing the cultural and entertainment landscape [4][6] - Popular venues like SpicyComedy and the new Starry Sky performance space have seen high demand, with sold-out shows indicating strong consumer interest in diverse entertainment options [2][4] Group 2: Membership and Consumer Engagement - The new membership system integrates ticketing and shopping, allowing points earned from dining and shopping to be used for ticket discounts, creating a seamless consumer experience [6][7] - The system aims to enhance user experience and drive traffic to the commercial center by providing easy access to popular shows and events [8][9] Group 3: Market Strategy - The Binhang Commercial Center's strategy focuses on creating a "cultural experience matrix" that combines various entertainment forms, aiming to keep consumers engaged for extended periods [6][8] - The collaboration with major ticketing platforms aims to streamline the management of entertainment and shopping experiences, addressing the need for integrated digital solutions in large commercial centers [7][8]

Core Concept - The article discusses the launch of a VR experience titled "Finding Secret Scores: Journey Through Shanghai 1930," which combines immersive sound technology and interactive storytelling to celebrate the 95th anniversary of the Shanghai Concert Hall [1][2][6]. Group 1: VR Experience Details - The VR project allows participants to experience the cultural atmosphere of 1930s Shanghai, following a character named Alex, who interacts with historical figures and engages in musical creation [2][4]. - The experience is designed for six participants at a time, featuring interactive elements such as virtual street vendors and the ability to play virtual instruments [4][5]. - The project utilizes advanced 3D scanning and rendering technologies to create a realistic representation of the Shanghai Concert Hall and its surroundings [4][6]. Group 2: Musical Elements - A new musical suite titled "Yue Ming Dong Fang," composed by renowned pipa player Zhao Cong, is featured in the experience, emphasizing high-quality immersive sound [5]. - The sound system includes a combination of 14 horizontal surround sound channels and 8 overhead channels, significantly enhancing the audio experience compared to typical VR setups [6]. Group 3: Upcoming Events and Collaborations - The Shanghai Concert Hall has announced additional performances, including a series of concerts featuring renowned conductors and ensembles, as well as local music groups [7]. - The concert hall aims to preserve the cultural memory of Shanghai through projects like the VR experience, inviting both tourists and locals to engage with the city's history [6][7]. Group 4: Educational Initiatives - A series of family-oriented educational programs titled "Family Art Education Classroom" will be launched, focusing on various themes related to music and art perception [8].

Core Viewpoint - The article highlights the innovative use of VR technology in the performing arts, specifically through the immersive experience "Finding the Secret Score: Journey Through Shanghai 1930," which combines historical storytelling with modern technology to engage audiences in a new way [3][4]. Group 1: VR Experience and Technology Integration - The immersive VR experience allows participants to explore 1930s Shanghai, interacting with street vendors and historical landmarks, thus breaking traditional theater boundaries [3][4]. - The project utilizes advanced photogrammetry technology for high-precision 3D digital reconstruction of the Shanghai Concert Hall, creating a digital twin that retains visual authenticity while being compatible with VR [4]. - The experience features a 360° sound field created by the Nanjing Baiyin Acoustics Technology team, enhancing the auditory experience with spatial sound effects [4][5]. Group 2: Cultural and Artistic Impact - The integration of technology in theater is seen as a new direction for artistic expression, with the concept of "future drama studies" emerging, reflecting changes in narrative styles and new theatrical forms [7]. - The Shanghai Concert Hall aims to attract younger audiences by offering contemporary works that align with modern aesthetics and demands, showcasing the potential of new technologies in art [7]. - The summer season includes three major residency projects, transforming the concert hall from a traditional music venue into a multi-dimensional cultural complex [7].

Core Insights - The play "杂拌、折罗或沙拉" (Mixed, Folded, or Salad) was performed in Tokyo, attracting over 2,000 attendees, showcasing Chinese original theatrical power on an international stage [1] - The commemorative version celebrates the third anniversary of the original play's debut and features three distinct stories that connect shared memories and reflections on life [1] - The play has achieved significant market success, with 16 sold-out performances in five Chinese cities, drawing over 17,000 viewers from October 2024 to February 2025 [1] Performance and Reception - Audience feedback highlights the emotional impact and cultural pride associated with the play, with international viewers expressing admiration for the integration of multimedia and live performance [2] - The play was initially launched in 2021 and gained popularity in China, being recognized as a breakout hit and a significant work for its creators [2] - The 2023 performance in South Korea marked the play's first overseas showcase, emphasizing the diverse styles and fresh perspectives of Chinese original theater [2] Future Prospects - The management of 大麦 "当然有戏" aims to expand the play's international reach, fostering collaboration with Japanese creators and cultural exchange [3] - The company has connections with other notable Japanese IPs, including adaptations of works by renowned Japanese playwrights, indicating a strategy for cross-cultural theatrical productions [3]

Core Viewpoint - The article discusses the evolving landscape of Hong Kong's entertainment and financial sectors, highlighting the resilience and adaptability of its people in the face of changing economic conditions and opportunities. Group 1: Entertainment Industry - The trend of Hong Kong entertainers, including TVB stars, engaging in live streaming and promotional activities reflects a shift towards "re-employment" in the face of economic challenges [2][4][10]. - Notable figures like Wu Zhaoxu and Guo Jinan, despite their wealth, are actively participating in these new ventures, showcasing a blend of nostalgia and modernity in their approach [10][11]. - The "Lion Rock Spirit" embodies the hardworking and resilient nature of Hong Kong people, driving them to seize opportunities even in later stages of their careers [11][12]. Group 2: Financial Environment - According to the UBS Global Wealth Report, Hong Kong ranks third globally in terms of per capita wealth, with an average of 4.72 million HKD [8]. - The financial landscape in Hong Kong is characterized by high financial freedom, allowing investors to engage in various investment opportunities, including stocks and derivatives [17][18]. - The "Carry Trade" strategy, referred to as "港男港女" trading, capitalizes on the interest rate differentials between HKD and USD, providing significant profit opportunities for financial institutions [27][30]. Group 3: Digital Asset Market - Hong Kong is positioning itself as a global hub for digital assets, with government initiatives supporting the development of a compliant ecosystem for cryptocurrencies [46][50]. - The introduction of regulatory frameworks for digital currencies, including stablecoins, is set to create new investment avenues for local investors [49][50]. - The government's proactive stance in fostering a digital asset market contrasts with the restrictions in mainland China, highlighting Hong Kong's unique position in the financial landscape [45][49].

Core Viewpoint - The 2025 Shanghai Night Life Festival will enhance the cultural experience of citizens by extending the opening hours of museums, art galleries, and libraries, thereby promoting night-time cultural activities [1]. Group 1: Shanghai Night Life Festival - The festival will run from June to September 2025, featuring unique summer night consumption scenarios [1]. - Museums and cultural spaces in Shanghai will extend their hours and open night sessions to enrich the night-time cultural life of citizens [1]. Group 2: Museum Night Events - The Shanghai Museum's "Pyramid Peak: Ancient Egyptian Civilization Exhibition" has been very popular, leading to the addition of night sessions starting from July, with a "24-hour open" mode in the last week of the exhibition [4]. - Public cultural spaces like Xujiahui Academy and Heping Academy are also extending their hours into the night, with Heping Academy being the first 24-hour library in Shanghai [6]. Group 3: Broader Cultural Night Activities - Shanghai is actively developing night tours for museums and libraries, providing more options for cultural night life and meeting diverse cultural needs [8]. - In Luoyang, the Ancient Tomb Museum offers night tours, allowing visitors to explore ancient tombs in a unique night setting [8][10]. Group 4: Innovative Cultural Consumption - Various regions are creating new consumption scenarios, such as "Museum + Drama" and "Park + Mall," injecting new vitality into cultural tourism consumption [15]. - In Hangzhou, museums are integrating drama into their spaces, creating immersive experiences for visitors [17]. - "Park-style" malls are emerging in cities, combining natural scenery, commercial facilities, and diverse cultural spaces [19][21].

Core Points - The "2025 Shanghai West Kowloon Cultural Week" is a significant cultural event hosted by the West Kowloon Cultural District in Hong Kong, marking its first large-scale cross-disciplinary cultural project outside Hong Kong since its establishment in 2008 [2][3] - The event features over 100 Hong Kong artists and includes various cultural activities such as exhibitions, performances, and dialogues, aimed at deepening cultural cooperation between Shanghai and Hong Kong [2][3] - The M+ exhibition "I.M. Pei: Life and Architecture" has been well-received, attracting approximately 80,000 visitors by June 15, leading to an extension of its run until August 10 [4][6] Cultural Activities - The cultural week includes a variety of performances such as the Cantonese musical "The Great Lawyer," which has received acclaim and is being performed in Shanghai from June 17 to 29 [6][9] - The Hong Kong Palace Museum is presenting the exhibition "Urban Pulse: Reinterpretation of Chinese Traditional Culture" at Zhang Garden, opening on June 20 and running until July 31 [4][7] - Jazz concerts featuring top young musicians from Hong Kong will take place at JZ Club from June 19, showcasing talents like award-winning singer Ashley Lin and world champion harmonica player Cy Leo [9][11] Artistic Collaborations - The event includes a cultural salon on June 21, focusing on the theme "Flowing Landscapes: From Traditional Culture to Contemporary Urban Fabric," featuring discussions with Hong Kong artists and Shanghai's art community [6][11] - Two contemporary dance works, "凝" and "鸣," will be performed at the Shanghai International Dance Center, representing the fusion of Eastern and Western cultural elements [11][12] - The West Kowloon Cultural District has partnered with local coffee brand MANNER COFFEE to create limited-edition art collaborations, enhancing the cultural experience in Shanghai [16]

第一条 为强化董事会决策功能，做到事前防范、专业审计，确保董事会对 经理层的有效监督，进一步完善公司治理结构，根据《中华人民共和国公司法》 （以下简称《公司法》）、《中华人民共和国证券法》 （以下简称《证券 法》）、《上市公司治理准则》《上市公司章程指引》《上市公司独立董事管 理办法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司 自律监管指引第2号—创业板上市公司规范运作》等有关法律法规、规范性文 件及《宋城演艺发展股份有限公司章程》（以下简称"公司章程"），公司特 设立董事会审计委员会，并制定本工作细则。 第二条 审计委员会是董事会设立的专门工作机构，对董事会负责，向董事 会报告工作，行使《公司法》规定的监事会职权。主要负责公司内、外部审计 的沟通和评价，财务信息及其披露的审阅，重大决策事项监督和检查等工作。 第二章 人员组成 第三条 审计委员会成员由三名不在公司担任高级管理人员的董事构成。 其中独立董事应当过半数且至少有一名独立董事为会计专业人士。审计委员会 成员应当具备履行审计委员会工作职责的专业知识和经验。 宋城演艺发展股份有限公司 董事会审计委员会工作细则 第一章 总则 第四条 审计 ...