
Group 1 - The auction of the unique mint green LABUBU toy reached a final price of 1.242 million RMB, setting a new record after another LABUBU toy sold for 820,000 RMB just minutes earlier [1] - The auction event was part of the Yongle 2025 Spring Auction, specifically dedicated to LABUBU art pieces, with a total transaction amount of 3.7254 million RMB from 48 lots sold [1] - The auction attracted a younger audience, with a notable presence of female participants, and the youngest buyer was a 9-month-old child whose family purchased a collaborative LABUBU toy for 32,000 RMB [1] Group 2 - LABUBU, created by artist Kasing Lung in 2015, became an exclusive IP under Pop Mart in 2019, leading to significant fan engagement and capital influx [2] - In 2024, LABUBU's performance contributed to the "THE MONSTERS" series revenue exceeding 3 billion RMB, accounting for nearly 25% of Pop Mart's total revenue, a significant increase from 5.8% in 2023 [2] - As of June 10, 2023, Pop Mart's founder, Wang Ning, became the richest person in Henan with a net worth of 21.5 billion USD, ranking 99th on the Forbes real-time global billionaire list [2]