References
[1]. Cai, Y. J. (2025). Research on the influence of Korean popular music (K-pop) on China. Charming Hunan, (01), 32-34.
[2]. Sun, L., & Xu, J. Y. (2023). Participation or silence: A study based on digital media practices and opinion expression among K-pop fan communities. Media Forum, 6(05), 44-50.
[3]. Kim, M. W. (2017). Breakthrough of multiculturalism in the context of globalization: Taking the Korean Wave as an example. Modern Communication (Journal of Communication University of China), 39(06), 167-168.
[4]. Li, Y. Z. (2025). Research on the financial performance of Bilibili from the perspective of value chain (Master’s thesis, Harbin University of Commerce). https: //kns.cnki.net/kcms2/article/abstract?v=HIS3QibhfQpPVsKqYRgZ8qljOXb7K9iqn-NTAdscRGwlVvAD9u8lGYL5sTSEsCsCvDJ6eXzrfWTRoKrMlvsLKqk6dMDccRWaba64MiidQ7WEzUXrVD99IoHytLcqMIVtabY7CYpC-7SReKg2vxTzK2HCGMBpcO2mlMZ3RDrq6_7FVDn2BGr7bA==& uniplatform=NZKPT& language=CHS
[5]. Wang, Z. Y., Qian, J. F., & Cui, M. (2025). Resource advantages and exclusivity construction of content platforms: A case study based on Bilibili. Management Review, 37(06), 263-275. https: //doi.org/10.14120/j.cnki.cn11-5057/f.2025.06.008