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Pop Mart's market capitalization approaches 400 billion, setting a new historical high, and the company will soon release a mini version of LABUBU.
According to Hash World News, Pop Mart has risen nearly 6%, with its stock price breaking 298 HKD, approaching 300 HKD, and its market capitalization nearing 400 billion, setting a new historical high; CEO Wang Ning stated at the earnings release that he hopes to achieve 20 billion RMB in revenue this year, feeling that reaching 30 billion RMB this year is also quite easy; and the company will soon launch a mini version of LABUBU; the company expects a net profit margin of around 35% this year.
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