CITIC Securities: Huge potential in Chinese football player card market.

CITIC Securities report stated that sports star cards are collectible card products based on sports celebrity IP, and the global market has rapidly expanded in scale after 2020. The overseas sports star card market is based on high-quality sports IPs such as NBA, combined with high-quality card production and supply and demand control capabilities to create high-quality supply, and thenderive a complete secondary market certification and trading ecosystem. In the background of the increasing value of sporting event IPs and the rapid development of collectible card markets, the Chinese sports star card market has enormous potential, but is currently still in the early stages of development. CITIC Securities believes that companies with high-quality IPs and capabilities in manufacturing and distribution are more likely to leverage the rapid development of the sports star card market, and recommends paying attention to companies with relevant capabilities.