

Group 1 - COMEX gold futures prices rose to $3702.8 per ounce on September 17, marking a nearly 10% increase from $3378 per ounce on August 18 [1] - Popop, a jewelry brand under Bubble Mart, launched its first solid gold series featuring products like gold beads, pendants, gold bars, and ornaments [1] - Within three days of launch, foot traffic in two Popop stores significantly increased, leading to a noticeable rise in sales [1] Group 2 - The new solid gold series is not a limited edition, with prices ranging from 1300 to 1700 RMB per gram, indicating a premium over market prices [5] - Unlike traditional gold brands that use a "gold price + processing fee" pricing strategy, Popop employs a fixed price model for its products [5] - The demand for emotional value from consumers has contributed to the rising popularity of Bubble Mart's IP, reflected in the company's performance [5] Group 3 - Bubble Mart reported a revenue of 13.88 billion RMB for the first half of 2025, a year-on-year increase of 204.4% [5] - The adjusted net profit for the same period was 4.71 billion RMB, showing a year-on-year growth of 362.8% [5] - The company's revenue surpassed 10 billion RMB in the first half of the year, with net profit exceeding the total for the entire year of 2024 [5]