Ge Long Hui·2025-07-29 11:26Group 1 - The company expects a revenue growth of no less than 200% year-on-year for H1 2025, with a profit increase of no less than 350% during the same period [1] - The board attributes the performance fluctuations to increased global brand recognition, diverse product categories, and continuous high growth in all regional markets [1] - The overseas business revenue proportion is continuously increasing, positively impacting profit margins and enhancing operational efficiency through capacity optimization and cost control [1] Group 2 - The company's successful overseas strategy is supported by globalized product design, multi-location supply chain collaboration, and the advertising effect from fashion influencers in Europe and America [2] - The company collaborates with global artists to ensure its IP images meet both global aesthetics and local characteristics, while maintaining strict quality control in the supply chain [2] - The collectible toy market is still in a rapid growth phase, with leading brands expected to continue gaining market share [2] Group 3 - The concentration of the collectible toy market in China has slightly increased, with the top five companies' market share rising from 22.8% in 2019 to 26.4% in 2021 [3] - The company’s market share in the collectible toy industry increased from 8.5% in 2019 to 13.6% in 2021, supported by its own IP and strong sales network [3] - The company is expected to achieve net profits of 10.546 billion, 16.244 billion, and 19.769 billion yuan from 2025 to 2027, with year-on-year growth rates of 237.44%, 54.02%, and 21.70% respectively [3]