Pop Mart's Wang Ning: Unlikely to Meet 20% Performance Target This Year

08/20 10:51

On the 20th, Wang Ning, the founder of Pop Mart, stated at today's performance meeting that it is highly unlikely the company will meet the 20% performance target set at the beginning of the year. The company had previously set a revenue growth guidance of 20% by 2026. The high performance base from last year has brought certain pressure this year, with greater pressure expected in the second half compared to the first half. The company has positioned 2026 as a year for operational adjustments, with enhancing sales not being the primary goal.
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