[Duan Yongping Continues to Increase Holdings in Pop Mart, Optimistic About Overseas Expansion Prospects and Highly Praises Founder Wang Ning] Deep Tide TechFlow reports that on May 30, renowned investor Duan Yongping recently expressed optimism about Pop Mart's future overseas growth potential during an exchange with investors. He believes that Pop Mart has high standards for store location selection, and since premium commercial locations are scarce, building a global store network will require a long cycle. With the advancement of its internationalization strategy, the company still has significant room for store openings in overseas markets over the next 5 to 10 years. Recently, news of Duan Yongping increasing his stake in Pop Mart through H&H International Investment has drawn market attention. Public information shows that on May 25, he purchased approximately 9.8232 million shares at a price of about HKD 150 per share, raising his stake to 5.69% and becoming the company's second-largest shareholder, with a holding value exceeding HKD 11.7 billion. Driven by market sentiment, Pop Mart's stock price has been on a strong upward trend recently. Data shows that the company's stock price rose 8.98% yesterday, and based on the scale of his holdings, Duan Yongping's single-day paper profit was close to HKD 1 billion. Notably, Duan Yongping's investment stance on Pop Mart has undergone a significant shift. He had previously stated publicly that he "did not understand" the related business, but as the company's business model has gradually matured, he has significantly increased his holdings and expressed long-term optimism about the company's development. After becoming the second-largest shareholder, Duan Yongping publicly praised Pop Mart's founder Wang Ning, stating that Wang has achieved an extremely high level of understanding of products and user needs, and that he has become a supporter of Wang Ning. He also pointed out that Pop Mart has validated the sustainability of its business model, established strong competitive barriers, and possesses long-term investment value. Public information indicates that Duan Yongping has further increased his allocation to Pop Mart this year and has adjusted part of his holdings in the traditional energy sector to invest in the company, signaling his confidence in its long-term growth prospects.