On October 21, 2025, the "MIRROR 2025 Film and Television Cultural Industry and RWA Cross-border Integration High-end Forum" was successfully held at the Lumi Cang New Audio-Visual Industrial Park in Dongcheng District, Beijing. The forum was jointly hosted by Mirror.fan, a leading global entertainment RWA platform, and Beijing Qianxing Century Cultural Consulting Co., Ltd. The event gathered industry leaders, experts, and representatives from investment institutions to engage in in-depth discussions on topics such as the digitalization of film and entertainment assets, blockchain technology empowerment, and industry ecosystem construction. It aimed to promote cultural financial innovation and build a standardized industry system.

Participants in the roundtable discussion included Wang Yanhao, CEO of Mirror.fan; Li Silin, founder of Qianxing Financial Private Board; Wang Guowei, General Manager of Guoying Holding Co., Ltd.; Yang Tao, lawyer from Beijing Hutian Law Firm and independent director of Huayi Brothers; Wang Hui, founder of Datang Huaxiang Media Production Co., Ltd. and vice chairman of the China TV Production Industry Association; Wang Yukun, CEO of Jinse Finance; and other 60 prominent guests, including the Director General of the Financial Department of the Asia Economic Trade Center, Managing Director of Huiseng International Financial Group in Hong Kong, Founding Managing Partner of Lingjun Capital, COO of Forbstco International, and Director of the Cultural Tourism Development Center of China Communication Creative Investment Co., Ltd. In addition, over a hundred global elite guests participated online simultaneously, jointly exploring new business opportunities in the integration of virtual and real economies.

Mirror.fan, as the organizer and core driver of the forum, showcased its leading practices and strategic layout in the digitalization of entertainment assets. In his keynote speech, the CEO of Mirror.fan, Wang Yanhao, pointed out that RWA technology provides standardized, divisible, and highly liquid digital carriers for high-value intangible assets such as films, music, and comics. It not only effectively solves long-standing industry problems such as financing difficulties, opaque revenue distribution, and insufficient asset liquidity but also builds a trustworthy bridge between creators and investors through the immutable and traceable characteristics of blockchain technology. He emphasized that Mirror.fan, driven by the dual engines of "classic IP renewal + original incubation," is committed to building a win-win ecosystem throughout the entire cycle of creation, investment, consumption, and derivative development. After the certification and value anchoring of film and television IP, it can circulate globally 24/7, attracting global capital participation. RWA not only enables the global dissemination of film and television IP but also breaks down regional barriers through asset digitization, allowing Chinese film and entertainment content to go international through financial tools. Investors on the Mirror.fan platform can obtain diversified returns by purchasing tokens, sharing copyrights, and advertisements, or they can use consumption tokens to watch works, purchase derivatives, or participate in the secondary creation and development of derivatives, which is not just the aggregation of funds, but also the concentration of wisdom and resources.

Wang Yanhao, founder of Mirror.fan, delivers a speech

In the roundtable discussion session, participants engaged in in-depth dialogue around the three themes of "Technology Empowerment · Asset Activation · Ecological Symbiosis." They unanimously agreed that RWA is not merely an upgrade in technological application but a profound transformation in the production relations of the entertainment industry. Through mechanisms such as asset tokenization, smart contract automatic profit sharing, and 24/7 global trading, RWA is reshaping the ways of content creation, investment participation, and consumer interaction. This transformation is a fundamental paradigm shift concerning power, ownership, and benefit distribution — a property rights revolution from "platform ownership" in Web2 to "user ownership" in Web3.

Among them, Wang Yukun, CEO of Jinse Finance pointed out: Last year, some short-form dramas emerged in the crypto industry. With the expansion of funding sources, the industry can accommodate more entertainment industry IPs. Compliance is very important. Currently, we have other projects exploring RWA, which can achieve compliance to a certain extent. There are indeed pain points in the integration of Web3 and the entertainment industry: Web3 has strong financial attributes, while the entertainment industry has strong professional attributes. Therefore, the number of people who overlap between the two industries is very limited. For us, how to bridge the gap in professional talent is a problem that needs further exploration.

Wang Yukun, CEO of Jinse Finance

Wang Guowei, General Manager of Guoying Holding Co., Ltd., former Vice Chairman of the China Film Foundation and CEO of China Film Network pointed out: From the development experience of Hollywood, we must grasp the cultural leader. Not only should we pay attention to financing issues, but also how to gather intelligence and let thousands of people participate. Great IPs contain national culture and national spirit.

General Manager of Guoying Holding Co., Ltd.,

Former Vice Chairman of the China Film Foundation and CEO of China Film Network, Wang Guowei

Yang Tao, lawyer from Beijing Hutian Law Firm and independent director of Huayi Brothers Media Co., Ltd. pointed out: The compliance issues of combining entertainment with RWA still need discussion. In the entertainment industry, it is not only about money but also about the audience's feelings. Entertainment is non-standardized assets. With the integration of Web3, new industry standards may be summarized through practical implementation.

Lawyer from Beijing Hutian Law Firm and independent director of Huayi Brothers Media Co., Ltd., Yang Tao

Wang Hui, founder of Datang Huaxiang Media Co., Ltd. and vice chairman of the China TV Production Industry Association pointed out: Financing issues have always been a problem in the entertainment industry. Web3 can empower financing and benefit the entertainment industry. If compliance can be properly handled, it will further help the Chinese entertainment industry develop better. The compliance of RWA in the entertainment industry should be relatively easy to achieve.

Founder of Datang Huaxiang Media Co., Ltd. and vice chairman of the China TV Production Industry Association, Wang Hui speaks

The forum concluded with a heated consensus. Participants believed that entertainment RWA has the potential to become an important pivot of the national cultural strength strategy, promoting the deep integration of industry and finance, and activating the potential of a market worth trillions. In the future, Mirror.fan will continue to collaborate with partners such as Qianxing Financial Private Board to build a service ecosystem integrating "capital, industry, technology, and compliance", helping the Chinese entertainment industry seize the opportunity in the global digital wave and achieve high-quality development.

Participants take a group photo