Pop Mart's market value approaches 400 billion, reaching an all-time high, the company will soon release a mini version of LABUBU

According to news from Hashchain, Pop Mart's market value is nearing 400 billion Hong Kong dollars, with its stock price rising nearly 6% to reach 298 Hong Kong dollars, close to the 300 Hong Kong dollar milestone, setting a historical high. CEO Wang Ning revealed at the earnings release that the company aims to achieve a revenue of 20 billion RMB this year and stated that reaching the goal of 30 billion RMB is also quite easy. The company expects to release a mini version of LABUBU soon, while also anticipating a net profit margin of about 35% this year.