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Pulling on the shoulder straps of actresses' underwear, putting their hands on their chests for promotions, and doing more than a dozen scenes of breast bumping.

Zhang Han's career as an actor started much higher than many people's, but now not only is his career in tatters, netizens mostly laugh at him when they mention him.

He was a wolf warrior on-screen and a gangster off-screen. The reputation he gained from filming the movie "Wolf Warrior 2" has already been ruined by himself.

Super high starting point

Compared with many niche students today, Zhang Han's starting point is not generally high.

He once studied at the Chinese Theater Academy, and did not go through the long journey of supporting roles like many newcomers. He graduated in 2007 and got the male lead Murong Yunhai in "Let's Watch the Meteor Shower" in 2009.

Watching this show now, of course, there are many flaws, the slightly poor props, the ridiculous lines, and the plot direction is also a bit childish.

But once this drama was aired that year, it ranked first in ratings during its time period and broke the ratings record for Hunan Satellite TV's self-produced dramas.

Several of the protagonists in it were all popular that year. It was because of its outstanding broadcast performance that the show was quickly rushed out of the second part of "Watching the Meteor Shower Together Again".

"Watching the Meteor Shower Together Again" was complained by fans because of the censorship of the plot and the bloody plot, but the ratings were still good.

In those years, Zhang Han was in the limelight and became a popular actor on Hunan Satellite TV. He also starred in popular dramas such as "Accidentally Falling in Love with You", "Phoenix Totem", and "The Secret History of Princess Taiping".

In 2013, the epic "Romance of the Sui and Tang Dynasties" was broadcast, in which Zhang Han played Luo Cheng.

Even with Nie Yuanzhuyu in front, Zhang Han still received a lot of praise, which shows that he does have certain strength.

During those years, he had constant resources and starred in leading roles that were guaranteed by the production team.

In 2017, Zhang Han encountered another work that could have changed his entire acting career: "Wolf Warrior 2".

This movie is a landmark work in the history of Chinese movies. It directly raised the ceiling of Chinese movie box office to 5 billion. Its popularity can be regarded as a national movie.

Zhang Han plays a naughty rich second generation in it, but he was not chosen for this role at the beginning.

It is said that this role was originally wanted to be played by Wang Sicong, but Wang Sicong felt that he was not an actor, so he refused.

He also said that he approached Lin Gengxin, but was rejected by Lin Gengxin. The reason was that he was no longer "fresh meat" at his age, and he didn't want to act in action movies after filming "The Legend of Chu Qiao".

No matter what the reason was, this piece of pie fell on Zhang Han's head, and he successfully caught it.

At that time, many media published articles praising Zhang Han for taking this role with a low salary and completing it well.

Wu Jing was also very satisfied with his performance. Later, Zhang Han was nominated for the Hundred Flowers Award for this role.

It can be said that if Zhang Han could seize this opportunity and successfully transition into the film industry, he might be a well-established actor by now.

But he just went downhill after that…

going downhill

If an actor is a little ambitious about his acting career, he should screen high-quality scripts and improve his acting skills after starring in "Wolf Warrior 2" and being nominated for Baihua.

But Zhang Han did not. He then starred in one idol drama after another, such as "Warm Strings", "If Paris Is Not Happy" and so on.

It can be seen that from the broadcast of "Wolf Warrior 2" in 2017 to now, nearly 10 years ago, Zhang Han has almost no works with good reputation.

In 2022, once "The Gentlemen of East Eighth District" was aired, it caused a stir on the entire Internet: the plot was so shocking!

This drama was promoted as a male version of "Ode to Joy". The protagonists were several young men, and the main plot was said to tell their growth stories and emotional experiences.

The Douban score of 2.1 points shows the quality of this drama. Not only the audience is criticizing it, but also various media outlets have criticized it: the aesthetic is out of touch and the plot is greasy.

It was hastily taken off the shelves before it even finished airing. Even now, when Zhang Han is mentioned, many people are still mocking him about this drama.

Netizens who have watched this drama will know that he was not unjust at all when he was scolded.

There are all kinds of blatant objectification and insults to women in it, and there is no concealment at all. There are even such outrageous and pornographic lines as "thin ones are good-looking, fat ones are easy to use".

In the plot, the actress' underwear straps were deliberately pulled, which was really eye-catching.

The most terrible thing is that after the show was aired, many netizens dug into the news about Zhang Han and discovered that Zhang Han's obscene and greasy character had already begun to show signs.

It's your own fault

In the drama "Gentlemen of East Eighth District", Zhang Han not only pulled the actress's underwear straps, but also directly pressed his hands on her breasts during filming.

Actress Wang Xiaochen held the table with both hands. It could be seen that her whole body was stiff. She was very resistant to such a posture, and the smile on her face was also very embarrassing.

Even if you are acting, you can still communicate with the actress and deal with it in a more clever way. What is the difference between doing this and sexual harassment?

Earlier, when he and Zhang Junning participated in the promotional activities of "Four Famous Catchers" together, Zhang Han also raised his hand and put it on each other's chest.

It was obvious that Zhang Junning's expression was very uncomfortable, but in front of so many people, he could only force a smile.

In 2015, he and Chen Qiaoen filmed "Since Youth Can't Remain". When the male and female protagonists first met, the male protagonist was running and accidentally bumped into the female protagonist's breast.

He filmed just such a breast-bumping scene for more than a dozen times without using a stunt double.

This was said by him himself during the publicity period, and it's hard to comment on it.

In addition to the kind of news about actresses, Zhang Han also dragged a traffic policeman and broke his arm in his early days.

With all these things, it can be said that he has a lot of misdeeds. It is astonishing that he can still stay in the entertainment industry for more than 10 years.

Fortunately, the audience is also bright-eyed, and their tolerance for such bad artists is getting lower and lower.

Zhang Han still wants to be in the industry in the future, and the space for relying on various bad dramas to get by is getting smaller and smaller. Originally, the income of artists in the entertainment industry is what many ordinary people can't catch up with after a lifetime of hard work.

With such a high income, it stands to reason that there should be stricter standards for their conduct and morality.

As a result, the reality is that the quality of many artists is worrying, and many of them have even touched legal red lines.

We must not be soft on such people, so that the entire entertainment industry will get better and better.

Live Broadcast February 22 News The NBA regular season continues. The Spurs face the Kings at home. Previously, the Spurs ranked second in the Western Conference with 39 wins and 16 losses, while the Kings ranked last in the Western Conference with 12 wins and 45 losses. Sabonis, LaVine and Hunter have all announced they are out for the season.

At the beginning of the game, the Spurs took the lead. Wen Ban continued to send blocks to dominate both offense and defense, helping the team shoot a wave of 16-4. However, after Wen Ban came off the court, the Kings began to eat away at the point difference. At the end of the first quarter, the Spurs temporarily led 35-31. Back in the second quarter, the Kings continued to chase points and quickly completed the lead. Then the two sides fell into a tug-of-war. At the end of the quarter, the Spurs hit an 11-0 wave to re-establish their advantage, and maintained a 73-65 lead at halftime. After changing sides and fighting again, the two teams still took points alternately. The Kings caught up to the point difference of only 1 point at the end of the third quarter, and then the Spurs hit another wave of climax. By the beginning of the fourth quarter, the total lead was 12-0 to double digits. After that, the Spurs played steadily and continued to consolidate their advantage. The result of the game was sealed. In the end, the Spurs easily defeated the Kings.

Statistics for both teams:

Spurs (40-16): Wenbanyama had 28 points, 15 rebounds, 6 assists and 4 blocks, Castle had 18 points, 8 rebounds and 3 assists, Fox had 18 points, 2 rebounds and 5 assists, Keldon had 18 points and 1 rebound, Barnes had 14 points, 2 rebounds and 1 assist, and Harper had 12 points. Scored 5 rebounds and 5 assists, Champany had 8 points, 4 rebounds and 3 assists, Vassell had 8 points, 3 rebounds and 3 assists, Kornet had 4 points, 5 rebounds and 3 assists, Olynyk had 4 points, 2 rebounds and 1 assist, Bryant had 3 points and 1 assist, Ingram had 2 points and 1 assist, and Umde had 2 points and 1 assist.

Kings (12-46): Murray had 20 points, 2 rebounds, 2 assists and 2 blocks, DeRozan had 20 points, 1 rebound, 5 assists and 2 steals, Monk had 19 points, 1 rebound and 6 assists, Leno had 16 points, 12 rebounds and 3 assists, Achiuwa had 14 points, 4 rebounds and 4 assists. , Clifford had 8 points, 5 rebounds, 4 assists and 2 steals, McDermott had 8 points, 1 rebound and 1 assist, Westbrook had 7 points, 3 rebounds and 2 assists, Eubanks had 6 points, 4 rebounds and 4 assists, Plowden had 4 points, 2 rebounds, 1 assist and 2 blocks, Carter had 1 rebound and 1 assist.

Winter nights are frosty, and art warms people's hearts. A teacher-student concert titled "Just Between the Mountains and Rivers" was held warmly at the Zhoushan Ocean Culture and Art Center. This performance was presented by young singer and vocal teacher He Ling together with a group of young students. It integrated ethnic, bel canto, pop, opera and other diverse singing methods into one. It was not only a concentrated report of teaching achievements, but also a warm transmission of teacher-student friendship and artistic inheritance. The song "I Will Become You When I Grow Up" runs through it, which is like a link that firmly binds the deep affection and power of "teacher-to-disciple inheritance".

Concert group photo

Eighteen years of intensive cultivation: educating peaches and plums with art, the teacher’s original intention reflects the mountains and seas

As the core of this concert, He Ling has been deeply engaged in children's vocal music education for 18 years, and her steps are solid and determined. She graduated from Shenyang Conservatory of Music in 2008. In 2018, she went to the Vocal and Opera Department of Shanghai Conservatory of Music for further studies in music performance. She studied under Professor Shi Lin, a famous vocal educator, and polished her professional skills. After completing her studies and returning home, she plunged into the field of children's vocal music education in Zhoushan. Not only did she cultivate a number of music talents who were admitted to professional schools, she also guided students to achieve great results in international, national, provincial and municipal children's vocal music competitions, and participated in the filming of "Singing." "Flying with Folk Songs", "Little Flowers After the Rain", "Happy Flying", "Spring Girl's Edelweiss" and other happy and sunny original songs and MV works, using the two-dimensional cultivation of "teaching skills + creation" to build a bridge to the world of music for children.

As she often said, "Music is a warm bond," and she is the guardian of this bond. She has watched the children grow from ignorance to confidence, and she has also watched some students embark on the path of music education just like she followed her mentor.

Teachers and students on the same stage: diverse singing voices express feelings, and one inheritance moves people's hearts

The concert kicked off with a warm opening VCR. He Ling and all the actors sang "Ode to Coral" together. The passionate melody not only paid tribute to the intelligence frontline heroes who sacrificed to liberate Zhoushan in the hit drama "Silent Glory", but was also dedicated to the special audience who came to the scene – 95-year-old veteran of the War to Resist US Aggression and Aid Korea Zhang Jirong. When He Ling told the story of the old man's bloody battlefield and spreading the red story after the war, singing and applause intertwined, setting a heavy and warm tone for the performance.

Nearly 20 Chinese and foreign pieces were then performed in turn, with young students showing off their talents: Guo Jiaru combined the elegance of Yuan opera with modern melodies with "The Order of Gui Gui Ling – Spring Love", and Yu Ningmeng conveyed Su Shi's "A Coop of Misty Rain and a Lifelong Life" with "Ding Feng Bo – Don't Hear the Sound of Beating Leaves Through the Forest". With open-mindedness, Yang Shuyi's Yue Opera "The Golden Marriage" fully demonstrated the beauty of the collision of opera and vocal music, and the excerpts from Donizetti's opera performed by Rui Zihan and Mao Wenzhe were full of tension. And He Ling's performance on stage pushed the atmosphere to a climax: "Heavenly Road" sang about the majesty of the mountains and seas, "Niannujiao·Chibi Nostalgic" reproduced the heroic spirit of the ages, and the relevant song "Between the Mountains and Rivers" expressed the friendship between the Yimeng army and the people. In every line of her singing, she expressed her sincerity towards music and her expectations for her students.

The most touching moment was when all the teachers and students sang "I Will Become You When I Grow Up" at the end. When the familiar melody sounded, warmth filled both the stage and the audience—— Guo Jiaru, who has become a vocal music teacher at an art school, has red eyes, "I used to see Teacher He standing in the center of the stage, but now I have become a teacher who teaches children to sing, so I understand the weight of this song." On the stage, He Ling held the hands of her students and her smile was full of joy. The famous composer Lei Lixin said with emotion: "From the little girl we first met to now cultivating batches of students who will inherit the legacy, He Ling's growth is obvious to all. This song "I Will Become You When I Grow Up", her story, and the theme of this concert are relevant to the core. This is how Chinese music culture is passed down from generation to generation!"

A group photo of all the actors

Rave reviews: The fire is passed down from generation to generation without end, and the singing voice is warm throughout the mountains and seas.

There was continuous applause throughout the performance, and the audience used their mobile phones to record every touching moment, and the voices from all parties were full of recognition and emotion. Professor Shi Lin, who directed the whole performance, commented emotionally: "He Ling showed the results of her hard work in raising children here, allowing the people of Zhoushan and music lovers to get real artistic enjoyment. This performance was very successful! We hope that we can work together to push Zhoushan's culture and art to a higher level."

A large number of parents gathered around the stage waiting for a group photo, saying bluntly, "Teacher He is kind and professional. I hope my children can pass on this love for music like Teacher He and Teacher Guo in the future." Some viewers shared through social platforms: "The concert completely exceeded expectations! Watching the whole immersive performance, I not only felt the professional charm of vocal art, but also was moved by the warm inheritance between teachers and students. It is a performance worth watching twice!"

The participating students also gained a lot. Mao Wenzhe faced the accident of "dropping the wireless mic" during the performance and cleverly resolved it with stage movements. She said with a smile: "Teacher He often said that 'accidents on the stage are also growth'. In the future, I want to be an actor who can stabilize the stage, and I also want to be a teacher like her. This experience is the best practice."

Actor: Mao Wenzhe

When the performance came to an end, He Ling took the stage to share her thoughts. She looked at the students around her with light in her eyes: "After eighteen years of hard work in the teaching field, the most gratifying thing is not how many awards I have won, but watching these children listen to me singing from the audience, sing with me on stage, and then some children become teachers who teach others to sing. I am grateful to my mentor for letting me understand the meaning of 'teacher'; and I am also grateful to these children for allowing me to see the most beautiful form of 'inheritance.'"

Teacher He Ling

From the elegance of Yuan music to the magnificence of opera, from the passion of folk songs to the soulfulness of popular music, this concert not only demonstrated the diverse charm of vocal art, but also made the melody of "I Will Become You When I Grow Up" and the deep feeling of "inherited from master to apprentice" forever lingering in the winter nights of Zhoushan. The singing will come to an end, but this sincerity to music and persistence in inheritance will eventually last as long as mountains and seas, warming the path forward for more people.

Financial News Agency, February 27 (Editor Shi Zhengcheng) Industry research organization IDC warned in its latest report that the global smartphone market will usher in an "unprecedented crisis" in 2026 due to memory shortages.

IDC has significantly lowered its forecast for smartphone shipments in 2026 to about 1.1 billion units, which is far lower than last year's figure of 1.26 billion. This means that the smartphone market may experience a record year-on-year decline of 13% this year.

Nabila Popal, senior research director at IDC, said bluntly: "Compared with the memory crisis, the tariff chaos and the impact of the epidemic pale into insignificance. At the end of the current crisis, the smartphone market will experience a dramatic transformation in size, average selling price, and competitive landscape. We do not expect the situation to ease until at least mid-2027."

Analysis points out that in the face of sharp price increases in the cost of key components, mobile phone manufacturers can only respond by tightening configurations, eliminating unprofitable entry-level models, and pushing consumers to switch to higher-end devices. IDC believes that in the past few years, the entry-level devices launched by many manufacturers in order to compete for market share are more vulnerable to cost pressures because memory prices account for a larger proportion of the overall material cost.

Of course, compared to rising prices, the more serious problem faced by smartphone manufacturers is the inability to buy enough chips. Qualcomm CEO Amon said after releasing the financial report this week: "The problem now is not only the price, but also the availability of supply. I think how much memory manufacturers can get will determine the overall size of the mobile phone market."

Interestingly, anecdotes about Apple negotiating with Samsung Electronics to purchase LPDDR5X memory were also reported in the market on Thursday: Samsung originally only wanted to increase the price by 60%, so it initially tentatively offered a price increase of 100%, but Apple agreed to it in order to ensure supply. Even so, Apple's memory supply for the second half of this year has not yet been secured.

This news will obviously not be officially confirmed, but Apple, as the "supply chain master", has also been forced into such a situation, and other manufacturers are likely to be facing the same troubles.

IDC further stated that even if the memory shortage eases after 2027, the smartphone market is unlikely to return to its previous pricing structure.

Popal said: "The era of low-priced smartphones is over, and even if the memory crisis eases, we do not expect memory prices to return to 2025 levels."

IDC pointed out that approximately 170 million smartphones priced under $100 were shipped last year, and this segment is now unprofitable.

(Shi Zhengcheng of Financial Associated Press)

DOI: 10.13568/j.cnki.issn1000-2820.2025.06.007

1. The proposal and advancement process of the China-Kyrgyzstan-Uzbekistan Railway Plan

(1) Proposal and obstacles to advancement of the China-Kyrgyzstan-Uzbekistan railway planning project

China, Kyrgyzstan, and Uzbekistan launched preliminary planning for the China-Kyrgyzstan-Uzbekistan railway project in 1997 and signed a memorandum of understanding on cooperation in building the railway. In 2006, China included the construction plan of part of the Chinese section of the China-Kyrgyzstan-Uzbekistan Railway in the national economic "Eleventh Five-Year Plan". Two years later, the Chinese working group and expert group formulated the "Kashgar-Turgat-Karasu-Andiyan" railway construction plan. During the same period, related railway projects in Uzbekistan were also progressing smoothly. On March 26, 2015, the 129-kilometer-long "Angren-Pap" railway tunnel in Uzbekistan was completed. This section of the railway is an important section of the China-Kyrgyzstan-Uzbekistan Railway and a key project in the construction of the "Silk Road Economic Belt".

In contrast, progress on the Kyrgyzstan section of the China-Kyrgyzstan-Uzbekistan Railway has been slow. Subsequently, the then President of Kyrgyzstan, Almazbek Atambayev, rejected the China-Kyrgyzstan-Uzbekistan railway project, saying that the project was not in Kyrgyzstan’s national interests and suggested changing the direction of the railway to connect the north and south of the country. The China-Kyrgyzstan-Uzbekistan railway project has gone through twists and turns since it was proposed, and it was difficult for all parties to reach consensus on a series of key issues.

First, there is the issue of route direction. From the perspective of project construction cost and operational efficiency, China and Uzbekistan hope to build a route from east to west through southern Kyrgyzstan. The southern route is shorter and less technically difficult. Kyrgyzstan insists on taking the northern route, believing that although this route is longer, it connects the country's northern and southern economic centers and can promote economic development in the north and south. China and Uzbekistan believe that Kyrgyzstan’s proposal is not only costly but also inefficient. In this regard, Bakhtiyor Ergashev, director of the Tashkent think tank "Mano", pointed out that the Kyrgyz authorities proposed the northern railway line plan purely out of "self-interest." "The plan they (the Kyrgyz government) proposed is just longer and more expensive, which is contrary to the idea of ​​rapid and affordable railway construction," Ergashev said in an interview with a Kazakh news website.

Second, there is the issue of project funding. Kyrgyzstan is a typical mountainous country. The cost of building railways in mountainous areas is high. Coupled with the relatively poor economic situation, railway construction costs and financing have become issues of greater concern to the Kyrgyz people. Kyrgyzstan economic expert Iskender Sharsheev once pointed out that Bishkek faces severe challenges in attracting foreign investment to build the China-Kyrgyzstan railway. This, coupled with financial restrictions in Kyrgyzstan and Uzbekistan, has weakened the ability to independently finance the project. Tilek Tekebaev, Minister of Transport and Communications of Kyrgyzstan, said in a speech in 2023 that the huge project of China-Kyrgyzstan-Uzbekistan Railway must be seriously considered, and work will be resumed after the financing model is finalized.

Third, the issue of track gauge. The track gauge widths in China and Kyrgyzstan are different. If the track gauges are not uniform, replacement operations must be performed, which will affect railway operation efficiency. China uses 1435 mm international standard gauge, and Central Asian countries use 1520 mm wide railway tracks. China initially hoped to use the standard gauge used by both China and Europe, while Kyrgyzstan hoped to continue using the Soviet-era broad gauge to connect with railways in Russia and Kazakhstan. In July 2020, Zheng Chiping, deputy director of the Foreign Investment Department of the National Development and Reform Commission of China, pointed out at a video conference on the China-Kyrgyzstan-Uzbekistan Railway Construction Project that it was difficult for experts to reach a consensus on the track gauge and route of the railway, and China suggested considering other options. For a long time, China and Kyrgyzstan have been unable to reach a consensus on this issue, which has become one of the important obstacles to the implementation of the project.

Fourth, the political stability of the relevant countries. Take Kyrgyzstan as an example. The country is an important transit country for the China-Kyrgyzstan-Uzbekistan railway. It has elected six presidents since its independence in 1990. The unstable political situation in Kyrgyzstan caused by the revolutions in 2005, 2010 and 2020 has caused the China-Kyrgyzstan-Uzbekistan railway negotiations to stall. The change of government also caused the country's leaders to have inconsistent attitudes towards the railway project at different stages, and some even opposed the construction of the project. The then President of Kyrgyzstan, Almazbek Atambayev, pointed out that there were some people who opposed the China-Kyrgyzstan-Uzbekistan railway project, and that behind these objections and obstructive actions were hidden political and competitive games. Underlying the dispute over the route is a concern that if the railway runs only through southern Kyrgyzstan, the economic power of Kyrgyzstan’s southern elite will exceed that of the northern political bloc.

(2) The final implementation and solution of the China-Kyrgyzstan-Uzbekistan Railway Project

The construction of the China-Kyrgyzstan-Uzbekistan railway project has accelerated with the upgrade of China-Kyrgyzstan relations. In June 2018, China and Kyrgyzstan established a comprehensive strategic partnership. Both parties stated that they would make every effort to promote the work related to the China-Kyrgyzstan-Uzbekistan railway project and strive to start construction as soon as possible. On July 15, 2020, China, Kyrgyzstan and Ukraine held a video conference to discuss railway construction plans. On June 2, 2022, China, Kyrgyzstan and Uzbekistan held a tripartite working-level video conference on the China-Kyrgyzstan-Uzbekistan Railway to exchange in-depth views on promoting cooperation in the China-Kyrgyzstan-Uzbekistan railway project. In September 2022, China, Kyrgyzstan and Uzbekistan signed the "Memorandum of Understanding on Cooperation on the China-Kyrgyzstan-Uzbekistan Railway Construction Project (Kyrgyzstan Section)" during the SCO Summit in Samarkand and agreed to launch a feasibility study in 2023. In 2023, China and Kyrgyzstan will establish a comprehensive strategic partnership for a new era and work together to build a China-Kyrgyzstan community with a shared future featuring good neighborliness, friendship and shared prosperity. Against this background, the progress of the China-Kyrgyzstan-Uzbekistan railway project has been accelerated. In May 2023, during the China-Central Asia Summit, the government departments of the three countries signed the "Memorandum of Understanding on Reaching Consensus on the Tripartite Joint Review of the Feasibility Study of the China-Kyrgyzstan-Uzbekistan Railway Construction Project (Kyrgyzstan Section)". After the efforts of all parties, China, Kyrgyzstan and Uzbekistan reached an agreement on issues such as route selection, track gauge, investment and operation model, and signed the "Agreement on Jointly Promoting China-Kyrgyzstan-Uzbekistan Railway Project Cooperation" in June 2024. On April 29, 2025, the construction of three key control projects on the Kyrgyzstan section of the China-Kyrgyzstan-Uzbekistan Railway, the Fergana Mountains, Naryn No. 1, and Koshbot Tunnels, started, marking that the main line of the China-Kyrgyzstan-Uzbekistan Railway project has entered the substantive construction stage. At present, the three countries have signed all necessary documents involving the railway, and the three parties have reached consensus on key issues of railway construction. The project has officially started construction in July 2025, with a planned construction period of 6 years.

First, regarding funding issues. The China-Kyrgyzstan-Uzbekistan Railway will be operated by a three-party joint venture. Each party plans to invest in the construction of the railway with designated shares, 51% of which belongs to the Chinese company, and the remaining 24.5% belongs to related companies in the Kyrgyz Republic and Uzbekistan respectively. In June 2024, Azamat Sakiev, director of the Kyrgyzstan Railway Bureau, revealed that Kyrgyzstan had negotiated loan issues with the Export-Import Bank of China and the People's Bank of China, including undetermined loan terms and interest rates. Regarding the total investment and the proportion of capital contributions from each country, according to the "China-Kyrgyzstan-Uzbekistan Railway Design, Construction, Financing, Operation and Maintenance Investment Agreement" signed between China-Kyrgyzstan-Uzbekistan Railway Co., Ltd. and the Kyrgyzstan Ministry of Transport on December 20, 2024, on the China-Kyrgyzstan-Uzbekistan Railway (Kyrgyzstan Section) ) of the US$4.7 billion investment, China will provide half of the capital loan (US$2.35 billion), and the remaining half of the funds will be raised by the China-Kyrgyzstan-Uzbekistan Railway Company in proportion to their respective shares (US$1.2 billion for China, US$573 million for Kyrgyzstan and Uzbekistan each).

Second, regarding the route direction. China and Kyrgyzstan have reached a consensus on the Torugart-Arpa-Kosh-Dobo-Makmal-Jalal-Abad route. The railway will pass through Kashgar (Central)-Torgart (Kyrgyzstan)-Makmal (Kyrgyzstan)-Jalalabad (Kyrgyzstan)-Andijan (Ukraine). The China-Kyrgyzstan-Uzbekistan Railway starts from Kashgar, Xinjiang, China, and heads northwest through the Turgat Pass. After exiting the country, it goes northwest through Alpa, crosses the Mordotau Mountains and crosses the Alabuqa River to the Makhmal Shifting Station, then crosses the Fergana Mountains to the west, uses the existing railway passage north of Jalalabad, and extends southward around the city of Jalalabad to the end of the border with the Jalalabad South Station. The China-Kyrgyzstan-Uzbekistan Railway has a total length of 616 kilometers, of which the Chinese section from Kashgar to Turgat is 213 kilometers, accounting for 34.6% of the entire line; the Kyrgyz section from Turgat-Makmar-Jalalabad-Suzak, has a total length of 341 kilometers, accounting for 55.3% of the entire line; the Uzbek section from Suzak to Andijan, has a total length of 62 kilometers, accounting for 10.1% of the entire line.

Third, regarding track gauge and operation methods. Regarding the track gauge, the final result of the negotiation is that the China-Kyrgyzstan-Uzbekistan Railway adopts the "standard gauge + broad gauge" segmented model and establishes a standard-gauge and broad-gauge replacement station in Makmar in Kyrgyzstan. Standard-gauge section: Kashgar-Turgat-Makmar, with a length of 381 kilometers, including 213 kilometers of the section in my country and 167.54 kilometers of the section in Kyrgyzstan, using 1435 mm gauge. Broad gauge section: Makmar-Suzak-Andijan, with a length of 235 kilometers, including 173 kilometers of the Kyrgyzstan section (138.77 kilometers of new construction and 34 kilometers of upgrades) and 62 kilometers of the Uzbekistan section, using 1520 mm gauge. Regarding project operation, the project company was jointly established by the China-Kyrgyzstan-Uzbekistan Railway Company. The Kyrgyzstan section of the China-Kyrgyzstan-Uzbekistan Railway is jointly invested and established by the China-Kyrgyzstan-Uzbekistan Railway Co., Ltd., a subsidiary of China Railway International Co., Ltd., a subsidiary of the China State Railway Group Co., Ltd., the Kyrgyzstan State Railway Company, and the Uzbekistan Railway Co., Ltd. It is implemented in accordance with the build-operate-transfer (BOT) model.

2. Possible challenges faced by the construction and operation of the China-Kyrgyzstan-Uzbekistan Railway under geopolitical changes

In the context of the official implementation of the China-Kyrgyzstan-Uzbekistan railway project, factors such as the unstable regional security situation and the continued smear campaign by forces within and outside the region may also affect the smooth advancement and operation of the project.

(1) Unstable regional situations may induce conflicts and threaten project safety

Regarding the situation in Central Asia, American geopolitical scientist Brzezinski once pointed out: "For many years, most of them have been under the influence of the Persian Empire, the Turkish Empire, and the Russian Empire. However, this experience did not cultivate a sense of common regional interests among them. On the contrary, their different ethnic compositions make them vulnerable to internal and external conflicts. The accumulation of such conflicts often attracts the invasion of more powerful neighboring countries." The stability of the political situation in Central Asia is of great significance to ensuring the smooth progress of the China-Kyrgyzstan-Uzbekistan railway project. After the disintegration of the Soviet Union, the geopolitical landscape in Central Asia has been characterized by multidimensional turmoil. Border disputes, ethnic conflicts, non-violent regime change movements, and the deterioration of the surrounding security environment have superimposed on each other, posing a continuous impact on regional stability. Specifically manifested in three dimensions:

First, the vulnerability of sovereign states’ governance capabilities is highlighted. As the hub of the China-Kyrgyzstan-Uzbekistan railway, Kyrgyzstan’s domestic political ecology has long been subject to the power game caused by numerous political parties. In particular, the confrontation between the north-south forces with Bishkek and Osh as the core has triggered many unconventional regime changes, making railway construction a bargaining chip in the game of domestic political forces many times.

Second, cross-border governance problems continue to ferment. The boundary dispute in the Fergana Basin at the junction of Uzbekistan, Tajikistan and Kyrgyzstan is the most typical. This area is a must-pass for the China-Kyrgyzstan-Uzbekistan railway, and its planned terminal point, Andiyan Station, is embedded deep in the hinterland of the basin. In April 2021, an armed conflict broke out between Gita and Gita in the disputed area of ​​​​the basin. In September 2022, the conflict escalated again and extended about 110 kilometers along the disputed border. This shows that conflicts caused by territorial sovereignty disputes may affect cross-border infrastructure projects.

Third, the ecological security dilemma intensifies the game. As a valuable strategic resource for regional countries, water resources competition is often a source of regional tensions, especially between Uzbekistan and its upstream neighbors. Scholar Pan Zhiping pointed out that the water resources issue in Central Asia is not only an intra-regional conflict, but also one of the potential obstacles to the economic construction of countries along the “Belt and Road”. This unstable situation could trigger a chain reaction that could then escalate into broader internal conflicts among Central Asian states.

(2) The smear campaign by forces inside and outside the region interferes with local people’s understanding of Chinese projects.

The United States has continuously intervened in Central Asian affairs in recent years, and its fundamental goal is to curb the regional influence of China and Russia. Western countries, led by the United States, support non-governmental organizations to penetrate into Central Asia and cultivate "independent media" in the region to constantly hype anti-China issues. For example, in January 2025, when the China-Kyrgyzstan-Uzbekistan railway project was progressing smoothly, the German media Bucharest News Agency (BneIntelliNews) hyped that Kyrgyzstan was becoming a province of China. Regarding the China-Kyrgyzstan-Uzbekistan railway project, on the one hand, Western countries are hyping the construction of the railway, which will increase debt pressure on regional countries. Donald Lu, assistant secretary of state for the Bureau of South and Central Asian Affairs of the U.S. State Department, smeared China's projects in Central Asia as having problems of exploitation, corruption and opacity, saying that Chinese loans are exacerbating the debt risks of regional countries. Diplomacy scholars, Voice of America and other websites accused the China-Kyrgyzstan-Uzbekistan Railway of lacking transparency, which may cause smuggling risks and lead to a debt trap. There are also objections saying that the China-Kyrgyzstan-Uzbekistan plan is not only unfavorable to Kyrgyzstan, but will also incur huge expenses that are difficult to make up for. In this regard, Kyrgyzstan President Sadyr Zhaparov had to clarify, saying: "The construction of the China-Kyrgyzstan-Uzbekistan railway cost 4.7 billion US dollars and is a commercial project. It will not have an impact on the scale of Kyrgyzstan's foreign debt."

On the other hand, forces inside and outside the region claim that the railway project will cause environmental damage. Kyrgyzstan’s opposition has claimed that China has gained access to Kyrgyzstan’s silver, aluminum, copper and coal resources through investment in construction projects. A report by the Caspian Policy Center, an American think tank, stated that construction projects in Kyrgyzstan’s complex geographical environment require major environmental modifications, which may have a negative impact on the local climate and ecosystem. Economist Kubat Rakhimov, adviser to the Prime Minister of Kyrgyzstan, said that the China-Kyrgyzstan-Uzbekistan railway project is particularly difficult and requires the construction of tunnels in mountainous areas. Whichever route is taken, there will be a significant impact on the environment. Vladimir Grebnev, an expert on environmental protection and climate change in Bishkek, advocated for the project. Under the hype of internal and external forces, more and more public opinion believes that China's attempt to put some countries into a debt trap may have high environmental costs, triggering regional people's discussion on whether Chinese investment will generate debt problems, and even opposition to the China-Kyrgyzstan-Uzbekistan railway.

(3) Anti-China group activities may impact the construction of related projects

Western countries continue to hype the debt problems and social and environmental impacts of Chinese investment. Under the influence, some Central Asian people have a negative attitude towards China and Chinese investment. Survey data from the Central Asia Barometer between 2017 and 2021 shows that Kazakhstan respondents have a more negative view of China, and the number of Kyrgyzstan respondents who hold a "very negative" view of China has increased in each subsequent survey. Eliminate my country's negative image in Central Asian societies. The survey results show that the Central Asian people's welcome towards China is on a downward trend. Under the influence of multiple factors, anti-China groups in Central Asia frequently plan activities against Chinese investment, including protest marches, launching social media campaigns, and damaging and boycotting Chinese goods and services. For example, hundreds of Kyrgyzstanis once gathered near At-Bashy in Naryn Region to protest China's plan to build a logistics center there. The $275 million logistics center project was ultimately canceled. At the same time, individual ultra-nationalist groups continue to grow due to rising anti-China sentiment. The Kyrgyz right-wing nationalist male group "Kyrk Choro" carries out anti-Chinese activities on the grounds of "helping the government detect illegal immigrants" and accuses the Kyrgyz government of being "corrupt" and "pro-China". The former leader of the movement, Zamirbek Kochorbaev, wrote an article saying that the "Forty Knights" demanded the suspension of Kyrgyz visas to foreigners and said that "Chinese people should be deported." Members of his organization even held protests outside the Chinese Embassy in Bishkek. Not only that, the organization has also raided many Chinese companies. The Chinese-owned oil refinery located in Kalabarta, about 60 kilometers outside Bishkek, was disrupted by the organization. The fluctuations in Central Asian people's sentiments against China caused by the anti-China activities of extremist groups will affect China's regional investment to a certain extent.

(4) Competition from other similar projects

The China-Kyrgyzstan-Uzbekistan Railway also faces competition from other transportation projects. In recent years, Russia and India have actively participated in the construction of Central Asia's transportation network, aiming to strengthen their presence in Central Asia through projects such as the International North-South Transport Corridor (INSTC). Given Russia's support for India in balancing China's influence in Central Asia, this project will compete with China and may affect the effectiveness of projects such as the China-Kyrgyzstan-Uzbekistan railway. Although the China-Kyrgyzstan-Uzbekistan Railway and the North-South Corridor focus on east-west transportation and north-south logistics respectively, the North-South Corridor may still attract energy and mineral transportation from Kazakhstan, Turkmenistan and other Central Asian countries to enter South Asia or Europe, diverting goods that originally passed through the China-Kyrgyzstan-Uzbekistan Railway. At the same time, as the geopolitical game in Central Asia intensifies, Russia may accelerate the promotion of the Russia-India corridor to maintain its influence in Central Asia. India is also trying to establish alternative economic corridors to China in Central Asia and West Asia to weaken the radiation power of China’s “One Belt, One Road” initiative. In addition to Russia, the EU also aims to strengthen transportation links with Central Asian countries through the "Middle Corridor". In January 2024, the EU pledged to invest 10 billion euros to improve the infrastructure of the Central Corridor, which appears to be the first step in regional connectivity. In April 2025, the first EU-Central Asia Summit was held in Uzbekistan. During the summit, the EU announced a "Global Gateway" investment plan to invest an additional 12 billion euros in Central Asia, of which 3 billion euros were used for transportation. Compared with the China-Kyrgyzstan-Uzbekistan Railway, the "middle corridor" is further north, while the China-Kyrgyzstan-Uzbekistan Railway strengthens the southern line and fills the gap in the railway network in southern Central Asia. The two form a "north-south parallel" pattern in the Central Asian section. In addition, the United States also has a relatively strong interest in the "Middle Corridor" in terms of funds, standards and geographical influence in the future, and can compete with the China-Kyrgyzstan-Uzbekistan Railway. In addition, Kazakhstan is also worried that the China-Kyrgyzstan-Uzbekistan Railway will gradually become Kazakhstan’s competitor in China-Europe freight. Currently, rail transportation to and from China and Europe must be transited through Kazakhstan. In the future, with the completion of the China-Kyrgyzstan-Uzbekistan Railway, Kyrgyzstan will have a direct railway to China, and Uzbekistan will have the option to go to China via the Kyrgyzstan or Kazakhstan railway. In the future, Kazakhstan is unlikely to give up its position as a regional transportation hub and will continue to develop its railway infrastructure to maintain its dominant position in regional transportation.

Mooney’s first MV of his third album “Balalaika” is officially released today

Whale Xianghai's artist Mooney's third personal original album "Money III: Noble", the first MV and the first four single sound sources "Open-minded Afternoon Tea", "Amazing", "Balalaika" and "21 Grams Museum" were officially launched today. The album "Money III: Noble" was produced and planned by the agency Whale Xianghai. In this album, Mooney transforms into a troubadour and spends the entire album singing a modern fable – a story about how we identify ourselves in society's hall of mirrors and ultimately lose ourselves.

The first MV "Balalaika" uses a black and white visual style to construct the ultimate metaphorical proposition: when violence is packaged as "respectability" and fame and fortune are taken for granted, will you still question the rules and resist fate? The song uses a dramatic melody, combined with the arrangement of balalaika, accordion, strings and other orchestrations, to unfold a dark narrative about the reversal of power and identity.

The first four singles released online, "Open-minded Afternoon Tea", "Amazing", "Balalaika" and "21 Grams Museum", combine a variety of music styles, showing a very cinematic and layered sound space. Mooney devoted an entire chapter to writing a modern fable, deconstructing the symbols of "nobility", and opening up a series of questions in the musical narrative: Who defines the happiness and success we pursue? The so-called decency, is it self-realization or self-denial? This narrative arc from "break-in" to "immersion" makes the entire album like an ups and downs of audio and video movies, making the listener increasingly look forward to the unlocking of the musical content in the subsequent chapters.

Use the "drama chasing" method to play with new ideas for album promotion

Breaking the conventional rhythm of music promotion, the Whale Xianghai planning and promotion team integrated the narrative logic of "drama chasing" into the entire album promotion cycle, innovatively creating a "drama chasing" album promotion model. The officially released "Drama Calendar" materials use symbols such as locks, envelopes, and films to refer to the music information corresponding to the release nodes. Fans have changed from "passively listening to songs" to "actively following updates". The launch of new materials is like unlocking new plots, and the "updates" experience is full of ritual and anticipation.

As the first batch of fragmented posters released as preheating materials, the design was based on the logo elements of the drama poster platform, and the song's narrative clues were embedded with secret prop symbols – envelopes sealed with paint, yellowed and worn letter paper, a throne covered with black cloth… Fans opened their minds to analyze the element codes in the posters, and took the initiative to dig out the narrative clues behind the songs from the details of the props.

This immersive interactive model upgrades the album promotion from one-way "information transmission" by the promotion team to "collective co-creation" with two-way participation of music creators and fans. Fans also establish a deeper emotional connection in their identity recognition as "co-creators".

Whale Xianghai: Bole as a musician

Since its establishment in 2018, Whale Xianghai, a subsidiary of Tencent Music Entertainment Group, has made a strong entry into the music industry with precise copyright operations as its starting point. With a keen insight into market trends and the ultimate polishing of high-quality content, the company has successfully created phenomenal hit works such as "White Moonlight and Cinnabar Mole", "Don't Miss", and "Clouds and Sea". The entire network's collection has exceeded the 100 million mark. It has not only established a firm foothold in the digital music field, but also established an industry reputation for both quality and influence.

In recent years, on the basis of consolidating its copyright business advantages, Whale Xianghai has expanded deeply into the artist management sector and has strong development momentum. The company has always adhered to an original music-oriented brokerage model, adhered to the core mission of "being a musician's bole", abandoned short-term traffic orientation, and built a high-quality platform for musicians to achieve a win-win situation of artistic value and market value through in-depth planning and resource docking. Mooney is a representative case under this system. As one of Mooney's management companies, from "Money II: Theater" to "Money III: Nobility", Whale Xianghai led the entire album planning, production and production, shaping his personal label of "all-round singer-songwriter" and realizing the value of the artist from high-quality works to personal brands. Galaxy Express Band, also a contracted artist of Whale Xianghai, has also gained significant room for growth in this operating model and continues to release original vitality.

Nowadays, Whale Xianghai has built a diversified matrix of high-quality artists, including many musicians with different styles, such as Hu Mengzhou, CORSAK, Lil Jet, Chen Xuening, Uu Liu Mengyu, and Xia Siyuan Huswan. Whale Xianghai has always adhered to the mission of "being a Bole for musicians", empowered the original music ecosystem with professional power, accompanied the growth of musicians, continued to output high-quality content with both musicality and market influence to the industry, and wrote a new chapter in the music industry.

Some analysts pointed out that Nvidia rarely misses at the financial reporting level, but the current market environment requires the company to answer questions that obviously go beyond how many chips it sells.

Hardika Singh, economic strategist at Fundstrat, said Nvidia almost never misses on revenue, net profit and guidance. However, where the computing power giant "loses points" is that it fails to alleviate investors' concerns that its moat is narrowing, and it does not clearly clarify what kind of response strategy the company will adopt as the computing power landscape continues to evolve and the wave of AI changes that may disrupt various businesses ranging from network security to food delivery to banking.

(Nvidia’s sideways trading has lasted for nearly half a year, source: TradingView)

Michael Burry, the "big short" who continues to bet on technology stocks, also jumped out to "make up for it" and said that Nvidia mentioned in its latest 10-K form that the company's irrevocable purchase commitments reached US$95.2 billion, compared with US$16.1 billion in the same period last year, because TSMC required longer-term contracts and received cash in advance. That number, set to swell further, could pose a risk if demand falters.

Under the influence of Nvidia, other chip companies also fell, with Broadcom falling 3.19% and AMD falling 3.41%.

The stock prices of related companies that had previously benefited from the wave of AI infrastructure construction also fell. ASML, Lam Group and Applied Materials all fell more than 4%, while server supplier Super Micro Computer fell 3.9%. Storage vendors Western Digital and Seagate Technology also fell nearly 3% each.

In contrast, the "AI impact" sectors such as software continued to rise on Thursday after several weeks of continuous decline. Stocks such as Salesforce, IBM, and Visa supported the Dow's slight gain.

Popular stock performance

Ranked by market value, Nvidia fell 5.46%, Apple fell 0.47%, Google-A fell 1.76%, Microsoft rose 0.28%, Amazon fell 1.29%, TSMC fell 2.82%, Meta rose 0.51%, Broadcom fell 3.19%, Tesla fell 2.11%, and Berkshire Hathaway-A rose 1.52%.

Under the dual pressure of the U.S. stock market and the Hang Seng Technology Index, the Nasdaq China Golden Dragon Index closed down 1.78%.

As of the close, Alibaba fell 2.78%, Pinduoduo fell 1.41%, NetEase fell 0.16%, JD.com fell 2.03%, Baidu fell 5.65%, Ctrip fell 2.59%, Li Auto fell 2.98%, Futu Holdings rose 1.05%, Bilibili fell 3.2%, and Weilai fell 1.73%.

Other news

[Google Nano Banana 2 unveiled]

In the early hours of Friday morning Beijing time, the American technology company Google announced the launch of a new generation of image generation model Nano Banana 2 (Gemini 3.1 Flash image model). The company claims that Nano Banana 2 can combine the image generation quality, reasoning capabilities and advanced world knowledge of Nano Banana Pro with the "lightning generation speed" of Flash models.

[Major US technology companies laid off nearly half of their employees due to AI]

As of press time, the U.S. financial technology company Block has soared by more than 20% after hours. Company CEO Jack Dorsey sent a letter to employees on Thursday saying that based on the judgment that AI will change labor productivity, the company has decided to reduce the current total number of employees from more than 10,000 to less than 6,000.

"Smart tools are changing the way companies are built and run, and we're already seeing it internally," Dorsey wrote in the letter. "A significantly smaller team can do more and do it better with the tools we're building."

[MP Materials invests in building the largest rare earth magnet production base in the United States]

MP Materials, the largest rare earth miner in the United States, announced on Thursday that it will build a large-scale rare earth magnet manufacturing park in Northlake, Texas, with a total investment of more than US$1.25 billion. The company estimates that when fully operational, the new factory will bring its total annual production capacity of rare earth magnets to approximately 10,000 tons.

[Netflix withdraws from Warner Bros. acquisition]

Warner Bros. Discovery announced after the market closed on Thursday that its board of directors believed that Paramount Skydance's latest acquisition offer was better than Netflix's. The latter will have four working days to revise its bid or give up the competition and leave with a $2.8 billion termination fee funded by Paramount.

Netflix quickly issued a statement saying that without having to match Paramount's latest offer, the deal was no longer financially attractive and decided not to match the bid. Affected by this news, Netflix rose nearly 10% after the market.

[Meta’s self-developed chip reportedly encounters obstacles]

According to new reports, Meta last week abandoned the most advanced chip it was developing for training AI models due to design difficulties and turned its attention to a less complex version. The company informed employees in its AI infrastructure division of the updated plans last week. This is also the background story behind Meta’s recent large-scale chip contracts with NVIDIA and AMD.

In response, a Meta spokesperson said: "We remain committed to investing in a diversified chip product portfolio to meet our needs, including advancing our MTIA product line; we will disclose more related progress later this year."

[Dell expects AI server revenue to be approximately US$50 billion this fiscal year]

After the market closed on Thursday, AI server maker Dell Technologies rose more than 10% after releasing its earnings report. For the current fiscal year ending in January 2027, it expects AI server revenue to be approximately $50 billion, a 103% year-over-year increase, the company said in a statement on Thursday.

Dell said in a statement that adjusted earnings per share for this fiscal year will be about $12.90 on sales of about $140 billion. Analysts on average expected earnings of $11.56 per share and revenue of $126.3 billion.

[Cook confirmed that Apple will start releasing new products next Monday]

Apple CEO Cook posted on Thursday: "A big week is coming. It all starts on Monday morning!"

This statement is also consistent with previous reports that Apple will release new products for three consecutive days starting next Monday. According to previous reports, after releasing a series of new products through its official website, Apple will hold offline media experience events in three places including Shanghai next Wednesday.

(Shi Zhengcheng of Financial Associated Press)

The reporter learned from the National Astronomical Observatory of the Chinese Academy of Sciences on the 25th that scientific research teams from the National Astronomical Observatory of the Chinese Academy of Sciences, the University of Chinese Academy of Sciences and other units have successfully developed an artificial intelligence model called SpecCLIP. This model is like a translator who is proficient in multiple "stellar languages" and uniformly interprets stellar spectral data from different telescopes, providing a new technical tool for astronomical research. Relevant research results were published in The Astrophysical Journal.

Stellar spectra are often compared to scientists studying the universe's "fingerprints." Each star's spectrum hides its identity—its temperature, chemical composition, and surface gravity. By analyzing these "chemical signatures", astronomers can trace the evolution of the Milky Way from its birth to the present, just like archaeologists reconstructing history.

However, real-life research faces a big problem: different sky survey projects, such as China's Guo Shoujing Telescope (LAMOST) and Europe's Gaia satellite, obtain spectral data in different ways, resolutions and band ranges. These data are like stories told in different dialects and are difficult to put together directly for large-scale analysis.

The SpecCLIP model was born precisely to break this data barrier. The research team innovatively introduced ideas similar to the "big language model" into the field of astronomy, using the "contrastive learning" method to allow AI to automatically learn and establish internal connections between spectral data from different sources.

SpecCLIP can not only predict the atmospheric parameters and element content of stars at once, but also conduct spectral similarity searches and even help discover special celestial objects. Based on its powerful data unified representation capabilities, SpecCLIP has played a role in many cutting-edge scientific explorations. For example, in the "Earth 2.0 (ET)" mission to search for the second Earth, it can accurately characterize the characteristics of the planet's host star, thereby improving the screening efficiency of potentially habitable planets.

Reports from multiple movie platforms show that during this year’s “Spring Festival”, movie theaters have transcended simply being a place to watch movies, and have evolved into an important cultural carrier that carries social needs and emotional connections. As cinemas unlock more of their social potential, a new kind of cinema culture is emerging.

Data shows that during the Spring Festival period, 70.7% of movies were watched by two or more people together, setting a new high for the Spring Festival period. "Social" movie viewing is still the stable cornerstone of the Spring Festival.

Chen Jin, Data Analyst of Damai Entertainment Lighthouse Professional Edition: Watching movies together has become a hard social requirement during the Spring Festival. In terms of consumption scenarios, movie tickets have become a “universal pass” that connects multiple consumptions. The 2026 "Spring Festival" will use the "movie + cultural tourism" linkage to transform screen popularity into offline consumption momentum. For example, "Flying Life 3" was co-created with the official cultural tourism of the filming location, driving a new consumption trend of "traveling with the movie" and further strengthening the social hub function of the cinema.

Experts believe that at a time when short videos and fragmented content are prevalent, cinemas, as a place that can provide immersive collective cultural consumption, will provide audiences with a more valuable public cultural space. With the innovation of more movie viewing formats, movie theaters will release more social potential, and movie theater culture is constantly enriching everyone's lives.

Weng Yang, associate professor at Beijing Film Academy: Cinemas can create an emotional resonance effect caused by people watching movies collectively. This kind of experience is not available in fragmented or small-screen cultural consumer products. Let more theaters explore "Cinema+" scene iterations, and use the physical scene space of the theater to conduct cross-border linkage, parent-child and other activities such as markets and flash mobs, which is equivalent to the effect of a complex that integrates social interaction, consumption, and experience by going to the theater.

Recently, NetEase Cloud Music launched the "Year of the Horse Spring Festival Flattery Conference" creative activity. From February 2 to March 31, 2026, users can search for "Spring Festival" on NetEase Cloud Music to participate in the event and earn "Flattery Gold" to redeem cash red envelopes, vinyl VIPs, popular game peripherals and other gifts. It is reported that with its interesting and innovative gameplay, this activity quickly became one of the high-profile user interactive activities in this New Year after its launch.

NetEase Cloud Music's "Year of the Horse Spring Festival Flattery Conference" event mechanism is convenient and the event rewards are rich. When users complete tasks such as inviting friends and collecting playlists, they can get the number of "Flattery and Advance" times. Each time you advance, you may receive rewards, including hard currency "Flattery Gold", New Year greeting videos from many musicians such as Landlady's Cat, New Year seals, etc. You can also win physical prizes such as iPhone 17, DJI Pocket 3, Chow Tai Fook Year of the Horse gold transfer beads, etc. Among them, users who collect all six New Year stamps of "Horse, Year, Horse, Up, You, and Money" can also unlock additional rewards such as Year of the Horse limited badges, exclusive avatar pendants, and random cash red envelopes.

It is reported that this event uses the slogans of "Celebrating the Year of the Horse, flattering, and earning flattery money" and "flattering, and everything goes well", giving a new and interesting insight to "flattering", encouraging users to sincerely praise others while also generously affirming themselves. During the Spring Festival after a hard year, they offer each other the warmest New Year blessings with sincere cheers and cheers. The platform has also prepared rich and interesting activities and benefits for this purpose, and will work with users to create a heart-warming and interesting new social ritual during the Spring Festival.

In order to further enrich the event experience and rewards, this event has cross-border cooperation with many game and Internet brands. NetEase Cloud Music has linked up with five popular games, "Identity V", "Minecraft", "Backwater", "Eggboy Party" and "Firefly Assault", and collaborated with Lofter, NetEase Select, Xianyu, Lynk & Co and many other brands to expand prizes and redemption options, increasing the diversity and attractiveness of the prize pool. According to reports, "Flattery Gold" is the main exchange medium for this event. Users can use this to exchange for cash red envelopes, vinyl memberships, game peripherals, physical rewards and other rich gifts in the "Yuncun Horse Exchange".

At the same time, this "Year of the Horse Spring Festival Flattery Conference" specially designed game-themed pony images such as "Ma Tutu" (Firefly Assault), "Cold-Blooded BMW" (Nishui Han) and other interesting pony IP images such as "Ma Mei Mei", "Sha Ma Ma" and "Ping Shi Ma". The pony image appears randomly during the process of "flattering", sending surprise blessings to users.

As a music platform loved by the younger generation of users, NetEase Cloud Music hopes to provide users with a channel to cheer each other and interact with each other in a relaxed and sincere way, delivering holiday blessings while also bringing tangible benefits to users. It is understood that in recent years, NetEase Cloud Music has continued to launch various welfare activities, creating a series of activities such as summer welfare season, back-to-school welfare season, and Spring Festival welfare season. It has continued to provide benefits to users through various methods such as Teacher's Day membership bonuses, car and machine membership bonuses, long audio membership bonuses, and 5-yuan student memberships, etc., to improve the experience and receive widespread praise.