POP MART(09992) 36氪·2025-03-30 04:08Company Dynamics - SHEIN is projected to be the fastest-growing fashion retailer in 2024, with a market share increase of 0.24 percentage points to 1.53%, making it the third-largest globally [2] - The sales volume of cross-border POP merchants on AliExpress surged during the March anniversary promotion, with several blue ocean categories seeing daily sales growth exceeding 300% [2] - Cainiao has improved local delivery times in Mexico, offering a three-day delivery service nationwide and achieving a two-day delivery in key areas [3] - Mixue Ice Cream reported a revenue of 24.83 billion yuan in 2024, a 22.3% year-on-year increase, with a net profit of 4.45 billion yuan, up 39.8% [3] - BABA's PikoShow app has launched in Japan, featuring various short dramas [3] - Bubble Mart anticipates over 50% growth in 2025, with overseas sales expected to exceed 10 billion yuan [4] - Bawang Tea's GMV is projected to reach 29.5 billion yuan in 2024, with a net profit margin of 20.3% [4] - BYD aims for a global sales target of 5.5 million vehicles in 2025, with over 800,000 expected from overseas markets [5] - Neta Auto plans to sell 10,000 vehicles in Thailand by 2025 [5] - Chery plans to establish nearly 30 sales outlets in the Czech Republic by 2025 [6] - Geely has entered the Vietnamese market, planning to launch nine models over the next three years [6] - Xinxuan has launched its Korean market initiative, aiming to connect Chinese consumers with Korean brands [7] - WeRide has obtained a self-driving license in France, becoming the first company to hold such licenses in five countries [8] Investment and Financing - OpenAI is nearing a 300 billion [19] - Hong Cheng Innovation has initiated a C round of financing and is preparing for an IPO [19] - ELU.AI has completed a Pre-A round financing of several hundred million yuan [19] - Zhi Yuan Robotics has completed a new financing round led by Tencent, with a valuation of 15 billion yuan [20] - Cheng Tian Technology has secured nearly 100 million yuan in B round financing [20] Macro Policies & Industry Data - The State Council of China is promoting the construction of cross-border e-commerce comprehensive pilot zones to enhance foreign trade [15] - The Ministry of Commerce is working to establish a list of key foreign trade enterprises to boost domestic consumption [15] - The China-ASEAN Free Trade Area 3.0 version is being upgraded to enhance cooperation in emerging fields [15] - The China-Brazil Economic and Trade Forum resulted in cooperation agreements exceeding $2 billion [15] - The Thai automotive industry has seen a 13.62% decline in production year-on-year due to weak domestic sales and exports [18]