Group 1 - The major shareholder, Xin Haoying, plans to reduce his stake in Shanghai Fengyuzhu Cultural Technology Co., Ltd. from October 28, 2023, to January 27, 2026, due to personal financial arrangements [1][2] - Xin Haoying currently holds 123,175,831 shares, representing approximately 20.71% of the company's total equity [1] - The reduction plan includes selling up to 5,947,800 shares (1% of total equity) through centralized bidding and up to 11,895,700 shares (2% of total equity) through block trading, totaling a maximum of 17,843,500 shares (3% of total equity) [1][2] Group 2 - Xin Haoying's shares were acquired before the IPO, and he is married to Li Hui, who is also a significant shareholder with 126,285,000 shares (21.23%) [2] - Together, Xin Haoying and Li Hui, along with a partnership, hold a combined total of 262,931,461 shares, accounting for 44.20% of the company [2] - Xin Haoying's planned reduction aligns with previous commitments made prior to the IPO, which included a lock-up period of 36 months and a minimum selling price post-lock-up [2] Group 3 - The implementation of the reduction plan is subject to future personal circumstances, market conditions, and the company's stock price, introducing uncertainty regarding the timing, quantity, and price of the shares sold [2] - The reduction will not lead to a change in the company's control or affect its governance and ongoing operations [2] - The company will continue to monitor the implementation of the reduction plan and fulfill its information disclosure obligations [2]

Group 1: Core Themes of the Forum - The 2025 Beijing Cultural Forum focused on the integration of culture and technology, with over 800 guests from 58 countries discussing future developments in cultural and technological fusion [1] - The forum featured a main forum, six parallel forums, and over 20 professional salons, showcasing significant achievements in cultural prosperity and civilizational exchange [1] Group 2: Digital Technology in Cultural Heritage - Digital technology is seen as a key tool for the protection and transmission of cultural heritage, with examples such as the digital preservation of the Great Wall using advanced technologies like 3D imaging and virtual reality [2] - The "Cloud-based Central Axis" program has engaged 1.095 million public participants, contributing nearly 89,000 inspection records and almost 170,000 images [2] - The Ministry of Culture and Tourism reported significant advancements in digital heritage initiatives, including the integration of national movable cultural relics data and the documentation of intangible cultural heritage [3] Group 3: Cultural and Technological Synergy - The dual empowerment of culture and technology is identified as a crucial trend for high-quality development in the cultural industry, with projects like "8K theaters" and digital studios being highlighted [4] - The rapid development of information technology is transforming cultural production and dissemination, enabling immersive experiences that transcend geographical and temporal limitations [4] - The integration of technology is viewed as essential for enhancing cultural originality and creativity, with technology serving as a powerful engine for cultural innovation [4] Group 4: Promoting Civilizational Exchange - The forum emphasized the importance of respecting cultural diversity and promoting mutual learning among civilizations as a shared vision for the future [7] - The release of the multilingual book series "Chinese Keywords: Global Civilization Initiative" aims to enhance understanding of China's role in global cultural exchanges [7] - Beijing's ongoing efforts to host international cultural events, such as the Beijing Cultural Forum and the Beijing International Film Festival, are aimed at strengthening global cultural ties [7] Group 5: Future Directions - The China Foreign Languages Publishing Administration plans to create more platforms for cultural exchange and cooperation, contributing to the construction of a community with a shared future for humanity [8]

Group 1 - The "Digital Economy Seminar" was held in Beijing, focusing on the theme of "Promoting High-Quality Development of the Digital Economy through Integration of Digital and Real Economies" [1] - The seminar aimed to gather insights and collaboratively outline a new blueprint for high-quality development in the digital economy, discussing topics such as rule evolution, integration of production and finance, copyright protection, and innovative practices [1] - Key attendees included Hu Zhenmin, former Deputy Minister of the Central Propaganda Department and former Secretary of the Party Leadership Group of the China Federation of Literary and Art Circles [1] Group 2 - China Search, represented by its Chairman Li Jinsong, emphasized its focus on search technology, big data, and artificial intelligence, aiming to support national cultural promotion and digital economic development [4] - The company is leveraging AI strategies to drive industrial digital transformation and enhance international communication through a multi-language dissemination system [4] - The Zhejiang Cultural Property Exchange, represented by Hu Chaodong, aims to facilitate the compliant circulation and digital transformation of cultural assets, promoting a "dynamic activation" of cultural resources [4] Group 3 - Lin Wenhuo, Chairman and General Manager of the Zhejiang Cultural Property Exchange, advocated for extensive cooperation among industry peers and technology companies to activate cultural resources through digitalization [5] - Bai Song, Vice Chairman of the Beijing Information Industry Association, discussed the deep integration of digital and real economies, particularly in traditional industries like cultural tourism and film [5] - Zhu Jiwei, a member of the academic committee of the Digital Art and Blockchain Laboratory, shared innovative practices in the digital transformation of the cultural tourism industry [5] Group 4 - Wang Zihan, General Manager of the Digital Art Center of Poly Culture, highlighted the transformation of cultural relics from "static exhibits" to "living cultural carriers" through digital technology [6] - The seminar also marked the launch of a new cultural digital copyright trading platform called "Huazang," supported by China Search [6] - A commemorative badge for the "Digital Economy Seminar" was also unveiled during the event [6]

Core Insights - The signing event for 16 key projects in the Changsha Southern Integration Zone took place on August 29, with a total investment of 19.28 billion yuan [1][5]. Group 1: Event Overview - The event was attended by key officials including the Provincial Party Committee member and Mayor Wu Guiying, as well as other provincial and municipal leaders [2][6]. - The Southern Integration Zone is positioned as a strategic area for the Changsha-Zhuzhou-Xiangtan metropolitan area, focusing on becoming a national model for two-type development and innovation [5]. Group 2: Project Details - The signed projects span various sectors including digital economy, low-altitude economy, new energy, biomedicine, and cultural technology [9]. - Notable projects include: - The Zhichain Xinghe Intelligent Cloud Computing Center with a total investment of 5.2 billion yuan, featuring a computing power scale of 1500P [9]. - The Chuangyi Chip Inductor Industry Base, focusing on core technology for chip inductors [9]. - The Yunshusiv Recycling Project for retired batteries, aimed at promoting low-carbon lifecycle utilization [9]. - The Dongchao Technology Central South Regional Headquarters, which will implement medium-free imaging technology in smart healthcare and smart city applications [9]. Group 3: Future Outlook - The signing event is expected to inject new momentum into the development of the Southern Integration Zone, with plans to accelerate project implementation and enhance investment [9].

Meeting Information - The first extraordinary general meeting of shareholders for 2025 will be held on September 15, 2025, at 14:30 in the company's conference room located at 191 Jiangchang 3rd Road, Shanghai [1][3] - The meeting will utilize the Shanghai Stock Exchange's online voting system for shareholder voting [3][4] Voting Procedures - Shareholders can vote through both on-site and online methods, with specific time slots for online voting on the day of the meeting [3][4] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the same category of shares [4] Attendance and Registration - Shareholders registered by the close of trading on September 8, 2025, are eligible to attend the meeting [4][5] - Shareholders must submit a written response to confirm attendance by September 14, 2025 [5][6] Additional Information - The meeting is expected to last no more than half a working day, and attendees will bear their own travel and accommodation costs [7] - No gifts will be distributed at the meeting, in accordance with relevant regulations [7]

Core Insights - Beijing's relevant departments have jointly released the 2025 "Science and Technology Empowering Culture" project list, aiming to leverage advanced technology for cultural industry support [1][2] - The initiative is guided by the "Beijing Action Plan for Innovation and Development in the Cultural Sector (2025-2027)" and focuses on collaboration across various sectors [1] Group 1: Project Characteristics - The project list is driven by the real technological needs of key cultural institutions, including the National Grand Theatre and the National Library, addressing issues like fixed interactive tour modes and lack of immersive experiences [2] - Advanced technologies such as artificial intelligence, Internet 3.0, and virtual reality will be utilized to enhance visitor experiences through systems like smart tour guides and AI-assisted interactive theaters [2] - The initiative aims to create benchmark application scenarios that exemplify the "Beijing model" of technology empowering culture, promoting its application across the city and nationwide [2]

Core Insights - Beijing has launched the first national "Science and Technology Empowering Culture" project list, focusing on four main directions: Museum City, Performing Arts Capital, Bookish Beijing, and Beijing Audio-Visual [1][2] - The initiative aims to promote the application of new technologies, products, and solutions in the cultural sector, facilitating digital empowerment and information transformation [1][2] Group 1: Project Details - The project list includes six specific demands, such as the development of an immersive interactive experience system for the "Style Lei" architectural archives, which will be applied in cultural venues like the National Grand Theatre and the National Library [1][3] - The "Museum City" direction features three projects, including an AI-based intelligent tour guide system and an AI interactive theater experience [3] - The "Performing Arts Capital" direction focuses on an AI-assisted score analysis and shooting system for music programs [3] Group 2: Economic Impact - In the first half of the year, the cultural and related industries in Beijing achieved a total revenue of 12,429.5 billion, marking a year-on-year growth of 13.2% [5] - Cultural new economy enterprises generated 8,808.8 billion in revenue, reflecting a 15.9% increase and accounting for 72.1% of the total revenue from cultural enterprises in the city [5] Group 3: Application and Implementation - The projects require enterprises to lead the technical challenges, with applicants needing to be registered in Beijing and possess independent legal status, along with a professional research team [5] - The application system for the "Science and Technology Empowering Culture" project is open until August 21, requiring comprehensive coverage of the project demands [5]

Group 1: Nanshan Forum - The 11th Nanshan World Civilization Forum will be held from July 9 to 10 in Qufu, focusing on the theme "The Beauty of Diversity and Shared Beauty - Relationships Between Civilizations and Global Modernization" with six sub-topics [1] - Approximately 300 international guests from over 70 countries, including 12 foreign dignitaries and 220 experts, are expected to attend the forum, highlighting its global significance [1] - The forum has evolved over 10 years from discussions on Confucian culture to a prominent platform for global dialogue on civilization [1] Group 2: Cultural and Technological Integration in Shandong - Shandong Province has introduced a series of policies to promote the deep integration of culture and technology, focusing on project construction, market entities, talent cultivation, financial services, and ecological optimization [2] - The province aims to establish a new high ground for cultural and technological integration, with 1,135 technology-based cultural enterprises generating a revenue of 458.65 billion yuan, accounting for 59.9% of the total revenue of cultural enterprises [2] - The policies signify a strategic elevation of cultural and technological integration, transitioning the cultural industry from "resource dependence" to "innovation-driven" [2] Group 3: Quality Consumption Ecosystem in Shandong - Shandong has implemented 44 measures to optimize the consumption environment, focusing on enhancing supply quality, consumer rights protection, and collaborative governance [3] - By the end of 2027, Shandong aims to cultivate around 400 "Shandong Manufacturing · Qilu Quality" brands and establish 30,000 trusted consumption units [3] - The measures are expected to promote a balanced supply-demand dynamic and inject endogenous momentum into high-quality economic development [3] Group 4: Health Insurance Improvements in Shandong - Shandong Province is enhancing its health insurance services by launching a one-stop settlement platform for urban customized commercial health insurance, improving claim efficiency and reducing patient financial burdens [5] - As of June 2023, over 34.67 million medical expenses have been reimbursed through this platform, totaling 2.062 billion yuan, benefiting 6.265 million people [5] - By the end of 2025, the province plans to fully implement inter-provincial and local direct claim settlements for commercial insurance [5] Group 5: Jinan Spring Protection Plan - The Jinan government has released a comprehensive plan for spring protection from 2025 to 2035, expanding the protected area and increasing the number of spring groups from 10 to 12 [7] - The plan aims to maintain a complete spring ecosystem and enhance the cultural significance of springs in Jinan [7] - This initiative is expected to provide ecological support for urban development and strengthen the city's unique spring brand [7] Group 6: Wine Tourism Conference in Yantai - The 2025 Wine Tourism Conference in Yantai emphasized responsible wine tourism and introduced China's first comprehensive evaluation system for the wine industry [8] - Yantai received an international certification for responsible wine tourism, indicating its leadership in ecological protection and sustainable cultural development [8] - The wine industry in Yantai accounts for 40% of the national production and 60% of sales, with a brand value projected to reach 86.231 billion yuan by 2025 [9]

Core Viewpoint - The Shandong provincial government has introduced 23 policy measures to promote the deep integration of culture and technology, aiming to create a new highland for cultural and technological integration by 2027, including the establishment of over 10 benchmark application scenarios [2][4]. Group 1: Policy Measures - The policy measures focus on project construction, market entities, talent cultivation, financial services, and optimizing the ecosystem [2]. - Key areas for major projects include cultural technology research and development, cultural intelligent equipment, cultural application scenarios, cultural communication innovation, cultural artistic innovation, cultural data utilization, cultural large models, and cultural heritage protection innovation [2][3]. Group 2: Support for Enterprises - The measures support the digital transformation of cultural technology enterprises and the establishment of cultural technology integration innovation platforms [3]. - Financial incentives will be provided for cultural manufacturing enterprises and newly upgraded cultural technology integration innovation platforms [3]. Group 3: Talent Development - The policy emphasizes the cultivation of leading and high-skilled talents in cultural technology, including flexible recruitment of high-level talents and providing green channel services for cultural technology talents [3][4]. Group 4: Financial Support - The measures propose increasing local government special bonds and government investment fund support, enhancing credit investment from financial institutions to cultural technology enterprises, and optimizing financial services for these enterprises [4]. - Support will also be provided for small and medium-sized cultural technology enterprises that repay technology achievement transformation loans on time [4]. Group 5: Action Plan - The "Shandong Province Cultural Industry Technology Innovation Action Plan (2025-2027)" aims to break through over 20 major key technologies with independent intellectual property rights and cultivate around 20 key enterprises in cultural and technological integration [4][5]. - The action plan outlines five key tasks: breakthrough new technologies, develop new equipment, create new carriers, expand new scenarios, and develop new business formats in cultural and technological integration [5].

Group 1 - The Shandong provincial government is implementing a series of policies to support the deep integration and collaborative innovation of culture and technology [1][3] - The provincial cultural and tourism department aims to enhance the quality and efficiency of cultural technology platforms by leveraging leading centers such as the Qingdao National Virtual Reality Innovation Center [3] - Key support will be provided for the construction of national and provincial-level laboratories focused on advanced display technologies and cultural heritage research [3][4] Group 2 - Development of a cultural and tourism data platform will utilize existing resources like the Qilu Cultural Model and the Shandong Public Cultural Cloud to improve data service capabilities [3] - A multi-functional technology achievement transformation service platform will be established to accelerate the application of cultural technology achievements [3] - The provincial government will strengthen talent and funding support by enhancing vocational education and exploring new models of industry-education integration [4]