Electric Media: Its subsidiary Wavily Circle sells products such as Bubble Mart Labubu.

Electric Media Express stated on their interactive platform that their wholly-owned subsidiary, Shanghai Jiuzhirun, established a second-hand trading platform in the field of collectibles in 2021 - "Baby Circle". The products on the "Baby Circle" platform focus on toys, dolls, and trendy figures, including related products such as Labubu from PuckyMart. The business of the "Baby Circle" platform currently does not have a significant impact on Jiuzhirun's performance.