POP MART(HK:09992) Xin Jing Bao·2025-04-27 04:52Group 1: Export Performance - In the first quarter, private enterprises in the Beijing-Tianjin-Hebei region exported 142.75 billion yuan, an increase of 8.5%, accounting for 44% of the total exports in the region, up 3.6 percentage points from the same period last year [1] - Bubble Mart, a representative of Beijing's private enterprises going global, exported 870 million yuan worth of trendy toys, a staggering increase of 479.4% [4] Group 2: Cultural Industry Growth - The cultural product import and export in Beijing reached 4.97 billion yuan in the first quarter, growing by 19.5%, with exports increasing by 70.5% to 1.51 billion yuan [4] - Bubble Mart's revenue for 2024 is projected to be 13.04 billion yuan, a year-on-year growth of 106.9%, with overseas business revenue reaching 5.07 billion yuan, up 375.2% [4] Group 3: Support for Private Enterprises - Chaoyang District has over 300,000 private enterprises, accounting for about 90% of the district's market entities, and invests over 4 billion yuan annually to support local businesses [7] - In 2024, over 1,000 private enterprises in Chaoyang District received policy support, with more than 3 billion yuan in entrepreneurial guarantee loans issued to small and micro enterprises [7][8] Group 4: Cross-Border Trade Initiatives - The Yabao Road area is undergoing revitalization with the launch of the 2025 Cross-Border Procurement Season, aimed at enhancing its global procurement visibility [6] - A digital trade platform is being developed to address challenges faced by Yabao Road businesses in accessing the Russian-speaking market, facilitating seamless integration of offline and online trade [6]