Core Viewpoint - TOP TOY International Group Limited has submitted its listing application to the Hong Kong Stock Exchange, with JPMorgan, UBS, and CITIC Securities as joint sponsors [1] Company Overview - TOP TOY is recognized as the largest and fastest-growing潮玩 (trendy toy) collection brand in China, achieving a GMV of RMB 2.4 billion in 2024, with nearly 50% of revenue coming from self-developed products, the highest among Chinese潮玩 brands according to Frost & Sullivan [4][5] - The company has established a comprehensive潮玩 industry chain platform since opening its first store in December 2020, demonstrating strong product design and IP operation capabilities [4] Market Position and Consumer Engagement - As a leader in the潮玩 collection brand sector, TOP TOY has built significant brand influence and a diverse customer base, being the preferred潮玩 brand among consumers according to Frost & Sullivan [5] - The company utilizes private domain operations and multi-platform fan interactions to engage customers effectively, ensuring high-quality content dissemination [5] Financial Performance - For the six months ending June 30, 2022, 2023, 2024, and 2025, the company reported revenues of approximately RMB 678.8 million, RMB 1.46 billion, RMB 1.91 billion, and RMB 1.36 billion respectively, with corresponding profits of approximately RMB -38.4 million, RMB 212.4 million, RMB 293.5 million, and RMB 179.7 million [6][7]
新股消息 | TOP TOY递表港交所 为中国规模最大、增速最快的潮玩集合品牌
智通财经网·2025-09-26 12:57