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Group 1 - The A-share IP concept sector is experiencing a surge in popularity, with stocks like Aoya Co., Ltd. and Deyi Cultural Creativity reaching their daily limit up [1] - Bubble Mart's stock price continues to rise, reaching 277.6 HKD per share, with a market capitalization exceeding 370 billion HKD and a year-to-date increase of over 200% [1] - Suzhou Longjie has seen its stock price hit a daily limit for three consecutive days, reaching 21.54 CNY per share, with a total market value of 4.646 billion CNY [1] Group 2 - Suzhou Longjie's products include differentiated polyester filament and PTT fiber, primarily used in civilian textiles, with a projected revenue of 1.259 billion CNY in 2024, reflecting a year-on-year growth of 15.22% [3] - The net profit for Suzhou Longjie is expected to reach 58.14 million CNY in 2024, a significant increase of 520.05% year-on-year [3] - However, the company's performance in Q1 2025 showed a substantial decline, with a non-recurring net profit of only 680,000 CNY, down 93.01% year-on-year, indicating potential uncertainties in its development [3] Group 3 - The IP economy is currently experiencing explosive growth, with top IPs generating significant value across various sectors, including film, toys, and cultural products [3] - Bubble Mart's IP Labubu has seen sales reach 3.04 billion CNY in 2024, a year-on-year increase of over 700%, contributing to the company's stock price surge [4] - The Labubu series is in high demand globally, with products in the European and American markets selling at a premium of over seven times [5] Group 4 - Companies are increasingly collaborating with popular IPs to leverage their popularity for business expansion and performance growth, leading to a market frenzy for related concept stocks [5] - Long-term development for Suzhou Longjie relies on technological innovation and business expansion, with potential for performance growth if it successfully enters the IP derivative supply chain [5]