Pop Mart continues to repurchase! The total repurchase amount this year has reached 1.4 billion Hong Kong dollars.

Pop Mart announced that it will invest HK$199 million to continue repurchasing 1.34 million shares. The repurchase price per share will be in the range of HK$144.3–153.5. As of the close on the same day, Pop Mart’s share price was HK$148.7 per share. Since it released its earnings report with the strongest revenue in history on March 25, Pop Mart has been conducting share repurchases for three consecutive trading days. This year, Pop Mart has cumulatively spent HK$1.4 billion on share repurchases.

Analysts noted that Pop Mart’s share price has continued to be in an irrational decline phase. Against this backdrop, the company’s continued repurchases are both an effective hedge against short-term market sentiment and a strong demonstration of management’s confidence in future development.

On the 30th, well-known investor Duan Yongping posted that, “In economics, ‘speed’ is actually ‘acceleration’ in physics. What you invest in is the total amount in the future, which is ‘speed’ x ‘time’ in physics that gives you the total length. Of course, some ‘acceleration’ can run farther within a unit of time. I spent the past couple of days looking at Pop Mart again, and decided to retract the statement from the other party that says I don’t invest in Pop Mart.”

According to Pop Mart’s 2025 annual report, the company achieved revenue of RMB37.12 billion, up 184.7% year over year; adjusted net profit of RMB13.08 billion, up 284.5% year over year; and the LABUBU family’s revenue for the first time surpassed RMB10 billion.