

Core Viewpoint - The significant increase in the mid-year performance of Pop Mart has led to a substantial rise in its stock price, marking it as a leader in the new consumption sector [2] Financial Performance - For the first half of the year, Pop Mart reported a revenue of 13.876 billion yuan, representing a year-on-year growth of 204.4% [2] - The net profit attributable to shareholders reached 4.574 billion yuan, showing a remarkable year-on-year increase of 396.5% [2] - The revenue and net profit for the first half of this year have already surpassed the total figures for the entire previous year, which were 13.04 billion yuan and 3.4 billion yuan respectively [2] Stock Market Reaction - On August 20, Pop Mart's stock surged by 12.54%, closing at 316 HKD, which is a historical high, with a total market capitalization of 424.4 billion HKD [2] - Since hitting a low in November 2022, Pop Mart's stock price has increased over 32 times, and it has risen 256% year-to-date [2] Expansion and Operations - As of the end of the first half, Pop Mart operates 571 stores across 18 countries and regions, with a net increase of 40 stores in the first half of the year [2] - The company operates 2,597 robotic stores, having added 105 new stores in the first half of the year [2]