Shenzhen Mabell Animation Culture Development Co., Ltd.

Shenzhen Marbell Animation & Culture Development Co., Ltd. was established in Shenzhen in 2006 with 20 years of operating history. As an enterprise with a fully‑integrated industrial chain specializing in two‑dimensional scale figures, model toys, trendy toys and cultural creative products, its registered headquarters is located at Dawan Cultural Plaza, Pingshan District, Shenzhen. It is a leading local manufacturer of scale figures, trendy toys and model products in Shenzhen, with an annual operating income ranging from RMB 290 million to RMB 340 million. ## Subsidiaries: - Shenzhen Marbell Animation & Culture Development Co., Ltd. - Qinshi Yuanchuang (Huizhou) Cultural Development Co., Ltd. - Huizhou Liusan Cultural & Creative Co., Ltd. - Shenzhen Jin'erwei Animation & Cultural Creativity Co., Ltd. - Shenzhen Xinshijie Trading Co., Ltd. - Dongguan Lingchuang Aesthetics Technology Co., Ltd. - Shenzhen Hainiu Information Technology Co., Ltd. The company adopts a dual‑hub layout of *