--- title: "Dongguan's counterfeit Labubu factory suddenly halts operations to clear inventory, possibly due to regulatory authorities taking action against it" description: "Several factories in Dongguan that produce counterfeit Labubu products have recently ceased operations and are clearing inventory, possibly related to the increased copyright enforcement by mainland l" type: "news" locale: "en" url: "https://longbridge.com/en/news/244391787.md" published_at: "2025-06-13T08:02:52.000Z" --- # Dongguan's counterfeit Labubu factory suddenly halts operations to clear inventory, possibly due to regulatory authorities taking action against it > Several factories in Dongguan that produce counterfeit Labubu products have recently ceased operations and are clearing inventory, possibly related to the increased copyright enforcement by mainland law enforcement agencies. POP MART's Labubu figurines are selling well globally, leading to the emergence of counterfeit factories. Factory managers stated that they have stopped producing imitation products and adjusted their social media privacy settings. The Yiwu Market Supervision Administration emphasized that production and sales of Labubu require legitimate authorization, and counterfeit activities will be severely punished POP MART (09992.HK) subsidiary Labubu figurines are selling hot globally, with many cities experiencing supply shortages, leading to the emergence of mainland factories producing counterfeit Labubu. Domestic media have discovered that several factories in Dongguan producing counterfeit Labubu have suddenly ceased operations, attracting market attention. Investigations show that the counterfeit factories have stopped production and are clearing inventory, possibly related to the strengthened copyright regulation by mainland law enforcement agencies. A person in charge of a Dongguan factory producing counterfeit Labubu figurines told domestic media reporters that their factory has currently stopped producing Labubu counterfeits. Meanwhile, the person also set the visibility of their WeChat Moments from "visible every day" to "visible for the last six months." Additionally, on relevant social media platforms, some personal accounts of factories producing counterfeit Labubu have deleted all videos showcasing the counterfeit Labubu, but did not provide a reason. According to recent media reports, relevant staff from the Yiwu Market Supervision Administration clearly stated that producing and selling Labubu must obtain legitimate authorization, and the regulatory authorities have always taken a strict stance against counterfeiting. The report mentioned that, based on the relevant images sent by the person in charge of the aforementioned counterfeit Labubu factory to domestic media reporters, the products they imitated are indistinguishable from genuine Labubu ### Related Stocks - [09992.HK - POP MART](https://longbridge.com/en/quote/09992.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 暴涨 50% 空头死扛不退!泡泡玛特正面临一场史诗级 “逼空” 风暴? | 泡泡玛特港股近期暴涨 50%,但 S3 Partners 数据显示空头并未撤退,空头占自由流通股比例反而从 2% 激增至 16%,逼空风险评分达满分 100。分析师称这是罕见的 “极度拥挤单边押注”,尽管公司通过回购提振信心,但空头仍押注公 | [Link](https://longbridge.com/en/news/275545907.md) | | 当泡泡玛特挤掉 “泡泡”——从 “超级 IP 确立” 走向 “全球长青” | 国联证券指出,泡泡玛特已超越 “盲盒泡沫” 阶段,正通过 Labubu 家族化与星星人等新 IP 矩阵建立可持续的 IP 生态。其核心战略是全球化扩张(尤其北美集群化开店)与产业链延伸(切入烘焙、珠宝等高頻消费场景),推动公司从 “超级 I | [Link](https://longbridge.com/en/news/275414453.md) | | SK 海力士高盛电话会:所有客户需求都无法满足,今年存储价格持续上涨 | SK 海力士在高盛电话会上释放强烈信号:存储行业已全面进入卖方市场。受 AI 真实需求驱动及洁净室空间受限影响,今年存储价格将持续上涨。公司透露目前 DRAM 及 NAND 库存仅剩约 4 周,且没有任何客户能完全满足需求。随着 2026 | [Link](https://longbridge.com/en/news/276505903.md) | | 传言成真?英伟达对 OpenAI 的 “1000 亿美元投资” 最终 “打了三折” | 据报道,英伟达正接近敲定对 OpenAI 最高 300 亿美元的股权投资,取代此前官宣的 1000 亿美元合作框架。原有协议因条款分歧与内部疑虑未能落地,黄仁勋亦曾强调其不具约束力。此次新融资轮规模或超 1000 亿美元,OpenAI 估值 | [Link](https://longbridge.com/en/news/276507066.md) | | 美财政部让步,拟修订主权财富基金税收提案,此前遭私募业警告 | 美国财政部正就一项针对主权财富基金和公共养老基金征税方式进行全面改革的提案作出让步。相关提案此前由美国国税局提出,拟更新税法第 892 条,将这些基金持有的多数美国债务投资归为商业活动,这将令其面临被征税的风险。此前,私募信贷和私募股权公司 | [Link](https://longbridge.com/en/news/276491732.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.