Core Viewpoint - The recent surge in the stock price of Pop Mart, a leading player in the "trendy toys" sector, has sparked significant interest in related concept stocks within the A-share market, making the "Guzi economy" a hot topic among investors [1][8]. Group 1: Market Performance - Pop Mart's market capitalization has reached approximately 331.5 billion RMB, placing it among the top 40 companies in the A-share market, surpassing notable firms like Cambricon, Gree Electric, and Mindray Medical [5][8]. - The "trendy toys" trend, driven by Pop Mart, has led to increased attention on related concept stocks, which have become focal points for investors [8][12]. Group 2: Related Concept Stocks - Key related stocks include: - Qingmu Technology: Market cap of 3.3 billion RMB, operates Pop Mart's Tmall flagship store [9]. - Zhongxin Tourism: Market cap of 6.6 billion RMB, serves as a ticketing agent for Pop Mart's city parks [9]. - Han Shuo Technology: Market cap of 1.9 billion RMB, provides electronic price tag systems for Pop Mart's overseas stores [11]. - Wanda Film: Market cap of 24.3 billion RMB, collaborates with Pop Mart on IP projects [11]. - The "Guzi economy" is projected to grow, with China's pan-entertainment toy market expected to exceed 100 billion RMB in 2024 and reach 212.1 billion RMB by 2029 [12]. Group 3: Industry Insights - The "Guzi economy" encompasses a comprehensive industry chain, including upstream IP copyright holders, midstream IP operators responsible for product design and production, and downstream sales channels [14]. - The market for trendy toys is characterized by a diverse range of sales channels, including online platforms and traditional retail, with emerging channels like live-streaming sales gaining traction [14].