The Chinese school of animation has undergone nearly a century of development, forming a unique aesthetic system and narrative tradition that holds a significant position in the global animation industry. Nezha: The Devil’s Rebirth (hereafter referred to as Nezha 2), as a representative work of contemporary Chinese animation, innovates upon the traditional style of the Chinese school of animation while preserving its artistic legacy. In terms of visual design, the film integrates traditional artistic elements such as ink painting and Dunhuang murals while employing modern CG technology to achieve a more visually impactful presentation. Regarding narrative techniques, it departs from a linear storytelling structure and adopts a multidimensional perspective to depict character development, enhancing both narrative depth and dramatic tension. On the emotional level, the film incorporates contemporary social values into the traditional hero’s journey, fostering deeper audience resonance. This study examines the inheritance and innovation of the Chinese school of animation through the artistic characteristics of Nezha 2, focusing on the preservation of traditional elements, technological breakthroughs, and narrative transformations. Additionally, it analyzes the film’s implications for the development of the Chinese animation industry.