What would it mean if the Academy Awards didn't win?

Blank. According to the description of the relevant public information, it was not shown when applying for the Oscar, indicating that it did not win the prize. The China Academy Award was born in the spring of 2004, and is jointly sponsored by China Popular Color Association, China Industrial Design Association, China Higher Education Association, China Art Education Promotion Association, Capital Civilization Engineering Foundation, China Animation Society, Music Education Committee of China Musicians Association, Information Center of China Photographers Association, China Chinese and Foreign Literary Theory Society, National College Photography Federation and Comic Art Committee of China Television Artists Association.