Dec. 4 at 12:01 PM
$HERE In the current fiscal quarter, HERE Group achieved total revenue of RMB 127.1 million in its trendy toy business, surging 93.3% quarter-on-quarter—far exceeding the upper end of the revenue guidance range of RMB 100 million to 110 million. The revenue guidance for Q2 of fiscal year 2026 is set at RMB 150 million to 160 million.
In terms of IP ecosystem, HERE Group has demonstrated systematic IP incubation and development capabilities. As of September 30, the Group owns 11 IPs with independent intellectual property rights (including WAKUKU and ZIYULI), 4 exclusively licensed IPs (such as SIINONO), and 2 non-exclusively licensed IPs.
HERE Group’s star IP matrix continues to deliver strong performance: WAKUKU contributed RMB 89.73 million in revenue, ZIYULI generated RMB 20.76 million, and SIINONO—launched in mid-to-late July—achieved RMB 12.89 million in revenue. WAKUKU recently unveiled its new "Go All Out" product series, demonstrating robust product innovation capabilities.
