In the video, there are two pandas. One of the pandas is sitting on a blue rocking horse and rocking back and forth. The other panda is sitting on the ground and watching the first panda. The panda on the rocking horse appears to be enjoying itself, while the other panda seems to be observing the scene. The setting appears to be a zoo or a wildlife park, as there are concrete walls and a concrete floor visible in the background. The pandas are black and white, and the rocking horse is bright blue.