Guang Zhou Ri Bao·2025-05-27 05:01Group 1 - The core viewpoint of the news highlights the significant growth and popularity of Pop Mart, particularly its LABUBU product line, which has become a cultural symbol and is experiencing a surge in demand both domestically and internationally [2][3] - As of May 27, Pop Mart's stock price reached a new high of 234.60 HKD, reflecting a year-to-date increase of over 150%, with a market capitalization of approximately 314.25 billion HKD [2] - The recent release of the "Qianfang Gaoneng" series of plush toys has led to a buying frenzy, with notable endorsements from celebrities like David Beckham and Rihanna, further enhancing the brand's visibility and appeal [2] Group 2 - According to the first quarter report for 2025, Pop Mart's overall revenue increased by 165% year-on-year, with domestic revenue growing by 95% to 100% and overseas revenue soaring by 475% to 480% [2] - The revenue growth rates for different regions are impressive, with the Americas seeing an increase of 895% to 900%, Europe at 600% to 605%, and the Asia-Pacific region at 345% to 350% [2] - A significant increase in institutional interest is noted, with 182 public funds holding a total of 60.79 million shares of Pop Mart by the end of the first quarter, compared to only 30 funds holding 44.69 million shares a year earlier [3] Group 3 - Morgan Stanley's research indicates that Pop Mart is a leader in the Chinese IP product market, with LABUBU emerging as a super IP, surpassing the search popularity of Hello Kitty in May [3] - The sales forecast for the THE MONSTERS series, which includes LABUBU, is projected to grow from 3 billion RMB in 2024 to 14 billion RMB by 2027, with overseas sales expected to increase by 152% in 2025 [3] - The company is anticipated to achieve a compound annual growth rate of 44% in sales and 56% in profit from 2024 to 2027, driven by strong IP, store expansion, productivity improvements, and product line diversification [3]