Recently, in an interview with Xinhua News Agency's "Amplify" program, Wang Ning, the founder of POP MART, stated that during last year's annual meeting, he mentioned that IP-based companies have a distinct characteristic: they are likely to experience many cycles of rises and falls.
"However, all IP-based companies around the world are exceptionally long-lived. Once an IP is created, it can accumulate significant value over time. I believe we may go through many cycles in the future, but I am also confident that it will grow alongside generation after generation," he said.
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