Xin Lang Ke Ji·2025-05-07 10:17Core Viewpoint - Fengqiao Capital has completely divested its holdings in Pop Mart, selling approximately 11.91 million shares for around HKD 2.2 billion, marking the end of its investment after 14 years of involvement [1][1][1] Group 1: Investment Details - Fengqiao Capital sold its entire stake in Pop Mart through three block trades, totaling about 11.91 million shares [1][1] - The total funds involved in the sale amounted to approximately HKD 2.2 billion [1][1] Group 2: Company Background - Pop Mart has achieved significant recognition and respect from global users and investors due to its innovative entertainment culture products and unique IP ecosystem [1][1] - The company has experienced over a decade of rapid growth, leading to exceptional performance that exceeded expectations [1][1] Group 3: Founder Insights - Tu Zheng, the founding partner of Fengqiao Capital, expressed gratitude for the journey with Pop Mart, highlighting the emotional connection developed over 14 years [1][1] - Tu Zheng has extensive investment experience, having participated in nearly every round of financing for Pop Mart prior to its IPO [1][1]