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POP MART: Home Appliance Products to Debut Next Mth; City Park Phase 2 Construction in 2027
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POP MART (09992.HK) COO Si De stated that home appliance products will debut next month, and the dessert business will officially be launched in offline stores in the first half of this year. Regarding the park business, Si mentioned that the construction of POP MART City Park Phase 1.5 is going swimmingly and is anticipated to open this summer. Last year, even with nearly half of the park closed, revenue and footfall beat expectations. The expansion of Phase 2 is now under planning, expected to commence construction in 2027, with more scenes themed around SKULLPANDA and Twinkle Twinkle. In terms of medium to long-term planning, LABUBU will also have content forms such as picture books and movies, all of which are in the preparation stage, aiming to support LABUBU through the next decade with more diverse content. AASTOCKS Financial News Website: www.aastocks.com |
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