Mei Ri Jing Ji Xin Wen·2025-08-20 07:25Core Viewpoint - Pop Mart's founder Wang Ning expressed confidence in achieving a revenue target of 300 billion yuan for the year, significantly higher than the initial goal of 200 billion yuan [1] Financial Performance - In the first half of 2025, Pop Mart reported a revenue of 138.8 billion yuan, representing a year-on-year increase of 204.4% [1] - The adjusted net profit for the same period was 47.1 billion yuan, showing a remarkable growth of 362.8% year-on-year [1] - The profit attributable to the company's owners reached 45.74 billion yuan, up 396.5% compared to the previous year [1] - Both revenue and net profit for the first half of 2025 exceeded the total figures for the entire previous year [1] Key Product Development - The LABUBU brand has become a global sensation, contributing 48.1 billion yuan in revenue, which is a staggering increase of 668.0% year-on-year [1] - LABUBU's revenue accounted for 34.7% of total revenue in the first half of 2025, up from 23.3% in the 2024 annual report [1] - A Mini version of LABUBU is set to be launched, expanding its usage scenarios beyond being attached to bags to now include mobile phones [1]