The Five Fortunes in Chinese / Japanese...

This is the title of “The Five Fortunes” in Chinese.

The implied five fortunes are as follows:
Longevity (壽)
Wealth (富)
Health & Composure (康寧)
Love of Virtue (攸好德)
A Peaceful Death (考終命)

紅五蝠 is a play on words in Chinese because of some homophones.

The first thing you need to know is that the word for bat, 蝠, sounds exactly like the word for good fortune, 福. Thus, bats are often associated with good luck and good fortune in Chinese culture.

Five bats (五福 / 五蝠) means “five fortunes,” referring to luck, prosperity, wealth, happiness, and longevity.

The word red, 红, has the same sound as 宏 meaning vast, great, or magnificent. Therefore, a red bat means “vast fortune.”

Altogether, five red bats represent vast reaches of the five fortunes.

五福臨門 means “five good fortunes arrive [at the] door.”

It is understood to mean “may the five blessings descend upon this home.”

These blessings are known in ancient China to be: longevity, wealth, health, virtue, and natural death (living to old age). This is one of several auspicious sayings you might hear during the Chinese New Year.

花開花落 is a complete proverb that lightly speaks of the cycle of life, or how things come and go in life.

This is used as a metaphor to suggest that youth is a temporary state that in time will pass.

This can also be used to suggest that fortunes can come and go (everything is temporary).

Note: There are two very similar versions of this proverb. The other uses a word that means wither instead of fall.

花開花謝 is a complete proverb that lightly speaks of the cycle of life, or how things come and go in life.

This is used as a metaphor to suggest that youth is a temporary state, which in time, will pass.

This proverb can be used to suggest that fortunes can come and go (everything is temporary).

Note: There are two very similar versions of this proverb. The other uses a word that means fall instead of wither.