Pop Mart's market value is approaching 400 billion, a record high. The company will soon release a mini version of LABUBU

The share price broke through HK$298 and approached HK$300; CEO Wang Ning said at the performance conference that he hopes to achieve revenue of RMB 20 billion this year, and feels that reaching RMB 30 billion this year will also be quite easy; and the company will release a mini version of LABUBU in the near future; the company expects its net profit margin this year to be around 35%.