Group 1 - The mini version of Labubu, part of the THE MONSTERS series, is set to launch online and offline, with a retail price of 79 yuan per unit and a complete set priced at 1106 yuan [1] - On second-hand platforms, the mini version of Labubu is already being resold at significantly higher prices, with one set reaching up to 2450 yuan, indicating a markup of 1344 yuan [1] - As of the report, there are 764 listings for the mini version of Labubu on second-hand trading platforms, with a total of 251 transactions completed and an average transaction price of 1921 yuan [1] Group 2 - The hidden version of the mini Labubu is being sold at exorbitant prices, with the lowest price for a single blind box listed at 679.5 yuan, and recent transactions reaching 1188 yuan and 1100 yuan [2] - The probability of obtaining the hidden version is notably low, at 1 in 168, contributing to its high resale value [2]

Core Insights - The mini version of Labubu, part of the THE MONSTERS series, is set to launch online and offline, with significant pre-sale activity observed on second-hand platforms [1][4] - The retail price for the mini Labubu is 79 yuan per unit, with a complete set priced at 1106 yuan, while resale prices on second-hand platforms have surged, with some listings reaching up to 2450 yuan [1][3] - The hidden variant of the mini Labubu has seen extreme price inflation, with resale prices starting at 679.5 yuan and reaching as high as 1188 yuan, reflecting a low probability of obtaining this variant [3][4] Company Performance - In the first half of the year, the company reported revenue of 13.88 billion yuan, with expectations to reach 20 billion yuan for the year, and a potential to exceed 30 billion yuan based on current trends [4]