---
title: "QINGMU Technology: The company currently only provides e-commerce operation services for the POP MART Tmall flagship store"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/244233192.md"
description: "QINGMU announced that due to the cumulative increase in stock trading prices deviating by 42.70% over two consecutive days on June 11 and 12, 2025, it constitutes an abnormal fluctuation. The company currently only provides e-commerce operation services for the POP MART Tmall flagship store, but the revenue from this project accounts for a relatively low proportion of the overall operating income"
datetime: "2025-06-12T10:54:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244233192.md)
  - [en](https://longbridge.com/en/news/244233192.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244233192.md)
---

# QINGMU Technology: The company currently only provides e-commerce operation services for the POP MART Tmall flagship store

According to the Zhitong Finance APP, QINGMU (301110.SZ) announced that the trading price of its stock has deviated by a cumulative increase of 42.70% over two consecutive trading days (June 11, 2025, and June 12, 2025). This situation falls under the category of abnormal stock trading fluctuations according to the relevant regulations of the Shenzhen Stock Exchange's Growth Enterprise Market.

Recently, on the Interactive Easy platform of the Shenzhen Stock Exchange, some investors have shown concern regarding the company's cooperation on the e-commerce operation service project for POP MART. Currently, the company only provides e-commerce operation services for the POP MART Tmall flagship store, but the revenue from this project accounts for a very low proportion of the company's overall operating income

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