Pop Mart's management indicated that rising raw material costs, including PVC, fabric, and packaging, are expected to increase production expenses for new products. This surge in material costs, estimated to be 3-5 percentage points higher than the previous year, is projected to reduce the company's overall gross profit margin by approximately 0.5 percentage points. AI
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RANK_REASON The article discusses a company's financial outlook based on management statements regarding raw material costs, which is not a core AI development.