20241231 20241231 88 9 3,308,3451,088,771 14,870,6729,968,863 3,986,0332,188,481 14,870,6729,968,863 1 2019592219613P.O. Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands GWFHolding LimitedGrant Wang Holding Limited 20201211 2025326 2 (i) 622 ••• (ii) (iii) 202411 111677 (iv) 20241231 2120251 19720261 11120261 11820271 11920271 1 20271118 18 3 ) 20241231 • • IPIT 2024123120231231 202420231231 1231202420231,478,5861,434,042597,096296,167 4 20242023123110% (i) (a) (b) (i) 28.25%216.5%16.5%2024123116.5%202316.5% (ii) 2024123120%202320% (iii) (c) 2024123125%202325% 202420231231 (d) 20081110%5% 202412315,685,934,000202312312,649,591,000 (e)OECD750OECD1520241231OECD 20251231OECD202411202511GloBE15% GloBE15% 10 2024373,025,00028.212023117,317,0008.704,763,00020231,678,000 2024123181.461,093,916,000 20251231 11 (a) 202420231231 (b) 2024123120231231 202420231231 (a) (a)3090180 (b)9 1231 (c) (d) 13 0.000120231120231231202412315,000,000,000500 (i)202412314,700,000202319,947,00085,826,00078,031,0002023370,688,000333,709,000 20241231 (ii)202412315,300,0005303,76688,496,00088,499,000 2023123132,297,0003,00023,000509,613,000509,636,000 14 123120242023 180 202420231231 30309090180180 IP 202420231231 2024IPIPIP 13,037.7106.9%7,972.152.3%5,065.7375.2%38.9% IP IPIPIP IP13IPTHE MONSTERSMOLLYSKULLPANDACRYBABY20243,040.72,093.21,308.31,164.9 THEMONSTERSTHE MONSTERSIPTHE MONSTERS726.6% MOLLYIPMOLLYSPACEMOLLYROYAL MOLLYBABY MOLLYIP105.2% SKULLPANDA79.1202426.527.7% CRYBABYIPCRYBABYEverybody Cries Sometimes1,537.2% 2024IPPDC(Pop Design Center)HIRONOZsigaNyotainosoulHIRONOIP106.9%Nyota2024IPIP 24IPStars can’t shine without darknessIP IPIPIP 20242,832.121.7%IPIPIPIP 2024MEGACOLLECTIONMEGA COLLECTIONGRANDMEGAROYAL MOLLY 400%•MEGA SPACE MOLLY1000%•IPMEGA ROYAL MOLLY 1000%/400%•MEGA SPACE MOLLY 400%MEGA ROYALMOLLY 1000%/400%MEGA SPACE MOLLY 1000%2024MEGA COLLECTION1,683.812.9% 2024IPIPIPIP 20243820231231363202412314012024110202312312,190202412312,300 202420241,113.752.7%20222024IP2024601.2112.2%202420212024627.895.0%6.18 20241231202312313,435.44,608.31,172.9202492.7%49.4%1 DTC (Direct To Customer)20241231130192 20242 20242Central LadpraoCRYBABY57K-POPIP678UTC ShopeeLazadaAmazonTikTok IP IPIPIP 20239IP 20248MOLLYIP9ZIMOMOIPIP1012 PTS202482325PTS34PTS2024 PTSIP10PTSIP“”IP 2024IPIP “THE MONSTERS”LABUBU“”IPHIRONO xHIRONOLANGBercy VillageIPIP 20236,301.0202413,037.7106.9% (1)(2)(3)20242023 (1) 20233,213.720244,526.340.8% 20232,661.020243,827.943.9%202420241231202312313820241231401 2023552.72024698.426.4%20242024123120231231110202412312,300 20231,524.620242,697.676.9% 2023729.320241,113.752.7%2023322.02024627.895.0%2023283.32024601.2112.2% 2023496.62024748.250.7% (2) 2023640.320243,071.0379.6% 2023582.920242,937.9404.0%202420241231202312315020241231120 202357.42024133.1131.9%202420241231202312317320241231172 2023155.820241,455.2834.0% ShopeeTikTok202339.52024531.51,246.2%Shopee202342.92024324.2656.0%TikTok20234.52024261.95,779.8% 2023270.02024539.599.8% 20231,066.120245,065.7375.2% IP 2024123197.6%20235,858.0202412,721.5117.2% IPIPIP IPIPTHE MONSTERSMOLLYSKULLPANDAIPIP20234,822.2202411,120.8130.6%THE MONSTERS2024THE MONSTERS2023726.6% IPIP20231,035.720241,600.754.5% MEGA 20234,793.920246,936.144.7%2023203.920242,832.11,289.0%MEGA2023684.320241,683.8146.1%2023619.020241,585.8156.2% 20232,436.920244,330.077.7%(1)20232,042.720243,474.2(2)2023236.62024506.8IP 20233,864.120248,707.8125.4%202361.3%202466.8%(1)(2)(3) 20232,004.720243,650.582.1%(1)(2) 2023598.52024874.946.2%202312313,735202412315,267 2023465.92024840.880.5%(1)(2)202388 2023707.32024947.133.9%202312311,110202412311,435 202374.9202484.312.5%(1)202330.9202424.9(2)IP202343.0202456.7 20231,230.620244,154.3237.6% 2023151.92024163.4 2023327.020241,057.5202323.1%202424.2% 20231,088.820243,308.3 2024 202312315,950.2202412318,866.1 20231231321.320241231477.7202315202412 3111 3420231231904.7202412311,524.5202313320241231102 202312312,077.9202412316,109.02024 20231231444.9202412311,010.12023532024123161 20241231 2024123120231231 100%2024123126.8%2023123122.0% 20232024 2024123120231231372,668324,179144,02268,287516,690392,466 202412316,7025,2671,435202412311,462.4 20241231 20241231 IP IPIPIPIPIPIPMEGA IP MEGAPOPBLOCKSIPIPIPIP 202012115,781.7 2020121 2024123181.461,342,943,1501,093.9 202552720255272025620202564 20255272025522202552720255272025521183171712-1716 2025622025642025530183171712-1716 C1C.2.1 C.2.1 (i)(ii)(iii) C3 4,700,00085,826,488 20241231 20241231 20241231 2024 (www.hkexnews.hk)(www.popmart.com)2024 2025326