2025630 9,761,0642,919,105 6,043,7411,126,417 7(28,364)(22,218) 7 65,50683,775 11 47,62518,246 6,156,8721,228,438 8 (1,475,159)(264,296) 4,681,713964,142 4,574,368921,333107,34542,809 4,681,713964,142 6,927,1053,986,033 21,356,67914,870,672 1 2019592219613PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands GWF Holding LimitedGrant Wang Holding Limited 20201211 2025819 2025630 2 20256303434 20241231 2.1 20241231 202511 21 202511 2024123118 3 202563020246302025630 •• 20252024630 202563020241231 2025630202412311,853,1381,653,212897,593422,470 2025202463010% (i) (i)2025620,000,000111,678,000Pop Mart South Asia Pte. Ltd.Pop Mart South Asia50%Pop Mart South Asia50%42,165,000 202563024.0%202463021.5% 9 20256301,083,288,00081.462024630373,025,00028.2110,834,00020246304,763,000 2025630 10 (a) 20252024630 (b) 2025630 20252024630 11 20252024630 6(i) (a) (a)3090180 3366 (b)9 0.00012024112024630202412312025630 (i)20246304,700,000202463085,827,00078,031,000202463017.0019.96 (ii)20246305,300,0005303,76688,495,00088,499,000 14 2025202463012311,627,6641,010,109 180202563020241231 30309090180180 IP IPIPIP2025100 202513,876.3204.4%IP8,282.8135.2%12,850.9257.8%2,264.91,142.3%477.7729.2% IP IPIPIPIP IPIPIPIP202513IPTHEMONSTERSMOLLYSKULLPANDACRYBABYDIMOO4,814.01,357.21,220.51,218.21,105.1 THEMONSTERSLABUBUIP2025IPTHE MONSTERSIPLABUBULABUBUIPLABUBUIP MOLLYIPANGRY MOLLYMOLLYBABY MOLLYROYAL MOLLYSPACE MOLLYIP SKULLPANDA6 CRYBABYEverybody Cries SometimesCRYBABY DIMOODIMOO WORLDx55%DIMOODIMOO HIRONO2025221HIRONO IP123 IPIPIP 20256,139.21,276.2%44.2%IPIPLABUBUIPIP 10IP20LABUBUSKULLPANDAPVCBABY MOLLYCRYBABYPUCKYHACIPUPUIP 2025MEGACOLLECTIONSKPSKP-SPOPMARTCOLLECTIONMEGA COLLECTIONIP2025MEGA COLLECTION1,007.17.3% 202563018571402,597105 1220241231431202563044352024123164202563069IP19202412312220256304142024123114202563018 2025IPIP6.18 3734APPAPPAPP ShopeeLazadaAmazonTikTok IP2025630202412314,6085,9121,304202591.2%50.8%2 IP 20239 202546IPZIMOMOLABUBU THEMONSTERSDIMOO50IP 2025IPTHE MONSTERSIPSKULLPANDAZsiga NyotaIP 2025popopIPIP IPIP 20244,557.8202513,876.3204.4% (1)(2)(3)(4)20252024 (1) 20243,521.220258,282.8135.2% 20242,341.620255,084.2117.1% 20242,004.120254,405.9119.9%202544 2024337.62025678.3100.9%20252025213 2024940.720252,937.3212.2%20251,125.2181.9% 2024238.92025261.39.4% (2) 2024796.720252,850.9257.8% 2024502.620251,525.6203.5%52.4%202439202569 2024165.320251,069.2546.7%Shopee 2024128.82025256.198.9% (3) 2024182.320252,264.91,142.3% 202499.82025842.4744.3%202410202541 202463.920251,326.61,977.4%TikTok 202418.7202595.9413.5% (4) 202457.62025477.7729.2% 202441.32025276.5569.6%20249202518 202411.32025165.01,358.7% IP 202599.1%20244,382.7202513,753.4213.8% IPIPIP IPIPTHE MONSTERSMOLLYSKULLPANDA CRYBABYIP202481.0%202588.1%IP20243,687.8202512,228.6231.6%2025THE MONSTERS4,814.0668.0% IPIP2024694.920251,524.8119.4%IP MEGA 2024446.120256,139.21,276.2%44.2% 20241,638.720254,115.2151.1%(1)20241,282.120253,272.9(2)2024240.62025524.1IP 20242,919.120259,761.1234.4%202464.0%202570.3%(1)(2)(3) 20241,353.220253,192.6135.9% 2024104.72025677.1546.7%(1)(2) 2024370.52025560.851.4%20244,23220256,219 2024434.42025770.477.3%20241,23820251,830 202431.6202567.2112.9%(1)202410.3202537.8(2)IP202418.9202525.8 20241,126.420256,043.7436.5% 202483.8202565.5 2024264.320251,475.2202421.5%202524.0% 2024964.14,681.7385.6% 2025630 202412318,866.1202563011,927.4 20241231477.72025630971.6202411202563010 202412311,524.520256302,273.72024102202563083 202412316,109.0202563011,922.7(1)(2) 202412311,010.120256301,627.7202474202563073 2025630 2025630 100%202563032.4%2024123126.8% 20242025 20256308,0496,2191,8302025630992.7 2025630 2025630 IP IPIPIPIPIP APP IP 202012115,781.7 2020121 2025630 C12025630C.2.1 C.2.1 (i)(ii)(iii) C32025630 20256302025630 2025630 2410202563034 2025 (www.hkexnews.hk)(www.popmart.com)2025630 2025819