POP MART(HK:09992) 第一财经·2025-08-20 03:22Core Viewpoint - The company aims for significant revenue growth, with expectations of reaching 200 billion yuan this year, potentially even 300 billion yuan, while emphasizing the importance of overall company health alongside revenue growth [3]. Group 1: Production Capacity - The production capacity for plush toys has increased to over ten times that of the same period last year, currently reaching around 30 million units per month, achieved through automation in production [3]. Group 2: Revenue Contribution from IPs - The revenue contribution from different IPs is diverse, with LABUBU from THE MONSTERS generating 4.81 billion yuan, accounting for 34.7% of total revenue in the first half of the year. Other IPs like MOLLY, SKULLPANDA, CRYBABY, and DIMOO each surpassed 1 billion yuan in revenue [3].