点击上图▲立即收听 编者按：每年10月，编辑部的一个例行功课就是等待胡润老师团队发布一年一度的胡 润中国百富榜，希望以企业家们的财富变迁和排名动向，透视这一年的经济变化。不 过今年，我们留意到，胡润老师除了"替国人数钱"之外，还与这些企业家们进行了一 场"小互动"——礼物交换。这次互动开启了百富榜外一条"副本"，我们简单记录了 其中的过程和由此产生的化学反应。 " 每一次交换都会成为下一次的筹码和新闻。 这如同游戏关卡，其设定天然具有戏剧性和挑战性，而这正是它吸引眼球，自带流量的地方。 " 文 / 巴九灵（微信公众号：吴晓波频道） "10元"起步 那个因为制作中国富豪榜单而出名的胡润，最近带着一群中国富豪，玩了个吸引人的小游戏。 游戏规则很简单： 胡润从一个10元的手机支架开始，用收到的礼物依次和下一位企业家交换。当最终拿到价值100万元的礼物时，他就将其拍 卖，所得款项用于慈善。 前几站的交换很顺利。 胡润第一站拜访了盛大网络联合创始人、陈天桥的弟弟陈大年。胡润用10元手机支架换取了陈大年的小机器人摆设。 第二站，胡润用机器人摆设跟均瑶集团的王均豪交换了一把古琴。王均豪说，这把琴可以直接完成百万元的礼物目标 ...

Core Viewpoint - The article highlights the integration of Chinese culture into the daily lives of ordinary people in Hungary, particularly through traditional celebrations like the Mid-Autumn Festival, showcasing activities such as lion dancing, martial arts, and tea ceremonies [1]. Group 1: Cultural Events - The fifth Hungarian Zen Martial Alliance family and friends gathering featured lion dancing and other traditional Chinese cultural activities, emphasizing the celebration of Chinese culture [1]. - The event has been held annually before the Mid-Autumn Festival for the past five years, aiming to bridge cultural connections between China and Hungary [1]. Group 2: Community Involvement - The Hungarian Martial Arts Association president stated that the event has become an important moment for Hungarian families and friends to celebrate Chinese culture [1]. - The Hungarian Lion Dance Association introduced a new lion symbolizing joy and prosperity, which was well-received during the recent Mid-Autumn Festival performance in Budapest [1]. Group 3: Personal Experiences - Local participants, including university students and high school girls, expressed their passion for lion dancing, highlighting its blend of athletic skill and cultural significance [1]. - The involvement of younger generations in lion dancing indicates a growing interest in Chinese cultural practices among the local population [1].

Core Points - The Confucius Institute at Bucharest University participated in the "Asian Culture Festival 2025" in Romania, showcasing the charm of Asian culture through various cultural experiences and performances [1] - The event featured interactive booths themed around "Hanfu," including activities such as Hanfu try-on, painting, and calligraphy, attracting significant public interest [2][6] - The Confucius Institute aims to continue serving as a cultural bridge, organizing more engaging activities to promote Chinese culture and enhance Sino-Roman cultural exchanges [8] Summary by Sections - **Cultural Exchange Event** - The festival brought together representatives from 16 Asian countries, highlighting the diversity and richness of Asian cultures [1] - **Interactive Activities** - The Hanfu-themed booths included calligraphy experiences where attendees could have their names written in Chinese characters, and children enjoyed coloring Hanfu designs [2] - The Hanfu try-on area was particularly popular, allowing participants to experience traditional Chinese attire [2] - **Performances** - Students from the Confucius Institute performed a unique song and dance show, receiving enthusiastic applause from the audience [6] - A fashion show featuring various styles of Hanfu from different historical periods was conducted, showcasing the vibrancy of Chinese culture [6] - **Future Plans** - The Confucius Institute plans to host more innovative cultural activities to further promote the warmth and appeal of Chinese culture in Romania [8]

Core Viewpoint - 卓优智美教育咨询集团 is seeking to go public on the Hong Kong Stock Exchange, focusing on the art training sector, despite a projected decline in net profit for 2024 [1][18]. Company Overview - 卓优智美, founded in 2018, provides art training courses for children and teenagers, including dance, painting, calligraphy, and vocal training, primarily operating in Jiangxi and Hunan provinces [5][11]. - The company operates 114, 7, and 11 art training centers under the "小苹果" brand in Nanchang, Ganzhou, and Changsha, respectively [5]. - The company plans to expand its business by establishing new training centers in major cities in Southern China [22]. Financial Performance - In 2023, 2024, and the first five months of 2025, the company's revenue was approximately 128 million, 130 million, and 59 million yuan, with corresponding net profits of about 11.87 million, 5.35 million, and 9.94 million yuan [19]. - The gross profit margin for 2023, 2024, and the first five months of 2025 was approximately 42.4%, 38.0%, and 50.7% [19]. - The company experienced a 55% decline in net profit in 2024 due to increased costs related to employee wages, property depreciation, and financing [18]. Market Context - The Chinese art education market is projected to grow from 1,766 billion yuan in 2024 to 2,255 billion yuan by 2029, with a compound annual growth rate of 5% [24]. - The children's and youth art education market is expected to reach 1,554 billion yuan in 2024, accounting for 88% of the overall art education market [26]. - The industry is highly fragmented and competitive, with numerous players including both local and national institutions [27][28]. Challenges and Risks - The company faces challenges such as a declining number of new births in China, which may reduce its potential customer base [22]. - The number of art training centers operated by the company has decreased from 144 at the end of 2023 to 135 by May 2025 [22]. - The company is heavily reliant on its operations in Jiangxi province, where approximately 95% of its revenue is generated, making it vulnerable to local policies and business environments [21].

Core Viewpoint - The exhibition "Guangzhou Imprint - Art Sea Collection and Painting Exhibition" opened on August 27, showcasing over 170 pieces from 30 renowned artists, highlighting the evolution of Chinese art from ancient to contemporary times [1][3]. Group 1: Exhibition Details - The exhibition features a diverse range of artworks, including traditional Chinese paintings, calligraphy, oil paintings, letters, and first-day covers [3]. - Notable artists represented include Chen Chun, Zhang Ruitu, Hai Rui from ancient times, and modern masters like Wu Changshuo, Qi Baishi, and Xu Beihong, as well as contemporary figures such as Guan Shanyue, Li Xiongcai, and Lai Shaoqi [3]. Group 2: Artistic Significance - Professor Fang Chuxiong from Guangzhou Academy of Fine Arts emphasized the importance of collecting original works from masters, stating it enriches one's understanding and appreciation of art [5].

Core Insights - The education industry, particularly K12 companies, has faced significant challenges in returning to the capital markets due to regulatory pressures and market conditions, leading to a halt in IPO activities [1] - There is a shift in educational demand from traditional academic subjects to quality education, with a focus on STEM, arts, and sports, which are emerging as new growth areas [1] - Two companies, Idea Tech Holding and卓优智美教育集团, have recently submitted IPO applications, indicating a potential new trend in the education sector [1] Group 1: Company Overview - Idea Tech Holding, established in 2018, has transitioned from a distributor of drones to a provider of STEM and technology education solutions, expanding its business model to include programming and AI education [2] -卓优智美教育集团 operates 132 self-owned centers under the "小苹果" brand, focusing on arts education for children aged 4-14, covering various disciplines such as dance, art, and music [4][5] Group 2: Financial Performance - Idea Tech reported a revenue of $457.78 million for the fiscal year 2024, a decrease of 10.65% year-on-year, with a net profit of $103.78 million, down 23.38% [3] -卓优智美's revenue for the fiscal year 2023 was 128 million yuan, with a net profit of 11.87 million yuan, while in 2024, revenue slightly increased to 130 million yuan, but net profit dropped to 5.34 million yuan [6] Group 3: Market Trends - The demand for quality education is resilient, with families continuing to invest in STEAM and arts education despite tighter consumer spending [8] - The Hong Kong robotics programming education market is projected to grow from 11.57 billion HKD in 2024 to 25.8 billion HKD by 2029, indicating a strong market potential for companies like Idea Tech [3] Group 4: Strategic Focus - Idea Tech plans to expand into mainland China and Southeast Asia, aiming to localize and internationalize its STEM and AI courses while developing an integrated education platform [3] -卓优智美's business model revolves around a "course-examination-showcase" framework, with a strong focus on course fees, which constituted 87.9% of its revenue in 2023 [5][6] Group 5: Industry Challenges - The education sector faces uncertainties regarding profitability stability, market fragmentation, and potential regulatory changes, which could impact the sustainability of new entrants in the quality education space [9] - The ability of these companies to meet family needs while aligning with policy directions will be crucial for their long-term growth and success in the market [9]

Core Insights - The 2025 Entrepreneurial ESG Development Forum focused on "Innovative Practices for a Sustainable Future," gathering elites from various sectors to discuss sustainable and high-quality corporate development [1] Company Overview - Feibian Education was recognized as a "Social Responsibility Outstanding Enterprise" for its effective innovations in serving the elderly, promoting traditional culture, and advancing active aging [3] - The company targets the deep needs of middle-aged and elderly groups for artistic learning and spiritual life, with a mission to "Promote National Culture and Serve the Elderly" [5] Innovative Practices - Feibian Education has developed a "Four-Dimensional Integrated" educational service system that includes: - Online learning with a user-friendly platform that bridges the digital divide [7] - Social engagement through interest-based online communities [7] - Personalized care with a "Three-Teacher Co-Education" model for tailored learning support [7] - Offline activities that empower practical experience and social recognition [7] Technology and Value Creation - The company leverages strong research capabilities and technological innovations to enhance the elderly learning experience, focusing on "life value reshaping" beyond mere skill acquisition [9] - Feibian Education has become a leading platform in elderly interest education, gaining the trust of millions of families and maintaining a high brand reputation in the industry [9] Industry Leadership - Feibian Education sets a benchmark for high-quality service models in the silver economy, providing valuable references for the standardization and sustainable development of the elderly education sector [10][11] - The recognition as a "Social Responsibility Outstanding Enterprise" affirms the company's commitment to ESG principles and sustainable development [13]

Core Viewpoint - The exhibition organized by Xiling Seal Art Society and Yomiuri Shimbun in Tokyo showcases the artistic contributions of 48 Japanese honorary members since the society's establishment in 1904, highlighting cultural exchanges between China and Japan [1]. Group 1 - The exhibition features a total of 120 works, including calligraphy, seal carving, and painting created by the honorary members [1]. - The event also presents valuable historical materials, images, and documents related to the cultural exchanges between the Japanese artists and the Chinese art community [1].

Core Viewpoint - The 2025 Second China Baotou Art Expo has opened, showcasing nearly 4,000 art pieces across various categories, catering to diverse audience appreciation needs [1] Group 1: Event Overview - The expo is held at the Baotou International Convention and Exhibition Center in Inner Mongolia [1] - The event features a wide range of art forms including traditional Chinese painting, calligraphy, oil painting, sculpture, photography, cultural creativity, pottery, purple clay, and intangible cultural heritage prints [1] Group 2: Market Dynamics - On the first day of the event, the venue was crowded with art enthusiasts, collectors, and families, indicating strong public interest [3] - The total transaction amount during the VIP preview day exceeded 3.5 million yuan, demonstrating the market appeal of the expo [3] Group 3: Participation and Offerings - Rongbaozhai, as a guiding unit and core exhibitor, has organized eight major sections, featuring works from modern masters like Qi Baishi and Zhang Daqian, as well as contemporary artists [3] - The expo includes innovative experiences such as interactive AI robot calligraphy and online-offline auction integration, enhancing the art consumption experience [6] Group 4: Educational and Cultural Activities - The event will host multiple public lectures and academic seminars aimed at enhancing public understanding of art, shifting from mere observation to deeper appreciation [6] - The expo will run until July 18, accompanied by various cultural tourism activities in Baotou, enriching the artistic and cultural experience for visitors [6]

Core Viewpoint - The 2025 Second China Baotou Art Expo showcases over 3,000 artworks from more than 60 renowned domestic and international art institutions, highlighting a diverse range of artistic expressions and enhancing public engagement with art [1] Group 1: Event Overview - The expo is held at the Baotou International Convention and Exhibition Center, covering an area of 5,800 square meters [1] - It features participation from over 260 artists, presenting various art forms including traditional Chinese painting, calligraphy, oil painting, sculpture, photography, cultural and creative products, pottery, purple clay, and intangible cultural heritage prints [1] Group 2: Interactive and Educational Initiatives - An interactive segment titled "AI Robot Calligraphy" explores new artistic forms through human-machine collaboration [1] - The event incorporates an "online + offline" auction model, combining art live streaming with real-time bidding to create an immersive art consumption experience [1] - Multiple public lectures and academic seminars are organized to shift public art perception from mere observation to deeper understanding, stimulating public interest in art creation [1] Group 3: Additional Activities - The expo will run until July 18, during which Baotou City will offer various supporting cultural and tourism activities, providing citizens and visitors with a rich and diverse artistic cultural experience [1]