Duan Yongping continues to increase his holdings in Pop Mart, optimistic about overseas expansion prospects and highly praising founder Wang Ning

Deep Tide TechFlow News, May 30 — Well-known investor Duan Yongping recently stated during an investor communication that he remains optimistic about Pop Mart's future overseas growth potential. He believes that Pop Mart has high requirements for store location selection, and since quality commercial location resources are scarce, the construction of a global store network will take a longer period. As the internationalization strategy advances, the company still has significant room to open stores in overseas markets over the next 5 to 10 years.

Recently, news that Duan Yongping increased his holdings of Pop Mart through H&H International Investment has attracted market attention. Public information shows that on May 25, he bought approximately 9.8232 million shares at about HKD 150 per share, raising his stake to 5.69%, making him the second-largest shareholder of the company, with a holding market value exceeding HKD 11.7 billion.

Driven by market sentiment, Pop Mart's stock price has recently continued to strengthen. Data shows that the company's stock closed up 8.98% yesterday. Based on the size of his holdings, Duan Yongping's unrealized profit for the day is close to HKD 1 billion.

It is worth noting that Duan Yongping's attitude toward investing in Pop Mart has undergone a clear change. He previously publicly stated that he "could not understand" the related business, but as the company's business model has gradually matured, he has begun to significantly increase his holdings and is long-term optimistic about the company's development.

After becoming the second-largest shareholder, Duan Yongping publicly praised Pop Mart founder Wang Ning, believing that he has achieved a very high level of understanding of products and user needs, and stated that he has become a supporter of Wang Ning. He also pointed out that Pop Mart has verified the sustainability of its business model and established strong competitive barriers, making it a long-term investment value.

Public information shows that this year, Duan Yongping further increased his allocation to Pop Mart and adjusted some of his traditional energy sector holdings into the company, expressing confidence in its long-term growth prospects.