"Buffett of China" Duan Yongping Increases Stake in Pop Mart, Shareholding Rises to Approximately 5.7%

According to the HKEX Disclosure of Interests, renowned investor Duan Yongping has increased his stake in Pop Mart. Through H&H International Investment, his holding ratio in Pop Mart rose from 4.96% to 5.69%, making him a major shareholder of the company and triggering a mandatory disclosure requirement. It is worth noting that Duan Yongping is now the second-largest shareholder of Pop Mart.

Previously, Duan Yongping stated that he had fully swapped his coal stock, China Shenhua Energy, for the trendy toy company Pop Mart.