Pop Mart founder Wang Ning says first-half growth topped 20%, share buyback plan set at RMB 2 billion to RMB 5 billion

Pop Mart founder Wang Ning says first-half growth topped 20%, share buyback plan set at RMB 2 billion to RMB 5 billion

N
News Editor
2026-08-24 05:19:50
ChainCatcher reported that Pop Mart founder Wang Ning spoke at the company’s 2026 interim earnings presentation held last week, calling the first half of 2026 a very unusual period for the group. He said the company delivered results it found satisfactory despite pressure and challenges, with growth of more than 20% in the first half. According to Wang, Pop Mart also saw clear improvements in its IP portfolio and organizational health. He said the company’s new businesses, including its park and dessert operations, performed better than expected, while the brand’s global awareness, favorability, and reputation continued to rise. He added that management remains confident in the group’s long-term development. Wang also said this year’s difficulties may be greater than the company originally expected, but that Pop Mart is confident it can address short-term challenges. Over the next six months, the company plans to launch a share repurchase program of no less than RMB 2 billion and no more than RMB 5 billion, which he said reflects growing confidence in the company’s long-term prospects.

According to ChainCatcher, Pop Mart founder Wang Ning said at the company’s 2026 interim earnings presentation last week that the first half of 2026 was a very unusual period for the company, and that it still delivered what he described as a satisfactory set of results despite pressure and challenges.

Wang said Pop Mart posted growth of more than 20% in the first half. He also said the company recorded clear improvement in its IP portfolio and organizational health, while its new park and dessert businesses performed better than expected. In his remarks, Wang added that the brand’s global awareness, favorability, and reputation continued to improve, and that management remains confident in the group’s long-term development.

He also said the challenges this year may be greater than the company had expected, though Pop Mart is confident it can resolve short-term difficulties. Over the next six months, the company plans to launch a share repurchase program ranging from no less than RMB 2 billion to no more than RMB 5 billion, which Wang said also shows increasing confidence in the company’s long-term development.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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