Bubble Mart established a cultural communication company in Inner Mongolia with a registered capital of 1 million.

Tianyancha's business information shows that recently, Inner Mongolia Pangu Culture Communication Co., Ltd. was established, with Lu Yannan as the legal representative, registered capital of 1 million RMB, and business scope including retail of hardware products, daily necessities, and toys. Shareholder information shows that the company is fully owned by Beijing Paopaomate Trading Co., Ltd.