Chinese wood carving panel. Vintage? Antique?

Wondering if this carving would be vintage or antique. Obviously the outer frame is vintage, looks 1960s/70s, but I don't believe these two started out together. The wood panel is attached by a couple of wires through the back of the piece. I didn't include a photo of the back of the frame, it's just paper covered. My guess is someone mounted this in the 60s/70s. Can anyone date the carving or tell me anything about it?





Some Asian characters here, but kind of muddled, thinking just part of the decoration, not likely a signature, right?



Inner Panel measures 18x11 inches.



Any info much appreciated. Thanks.

 

The piece is probably salvaged from a larger object, such as a window or interior screen, or other piece of furniture. Here is an article that discusses the history and restoration of similar pieces -

https://www.antique-chinese-furnitu...en-screens-and-carved-architectural-elements/

 

It is an antique panel and very nice quality.
When I was in Hongkong in the early 70s these antique panels were cheaper than newly carved ones.

Probably a description of the scene, or background information of the (hi)story. These panels weren't signed.

How panels like yours were used, these examples are from Penang, Malaysia: