This is a fantasy sub-series of Lanard’s Triple Crown Beauties line of realistic horses. Additional sub-series named on the package are Fantasy Fields, Enchanted Pegasus, and [Fl?]utter Fillies, but unfortunately there are no pictures of other toys so I don’t know how expansive of a series it was.
This pony is a little under 4″ tall with clear thin plastic wings (with glitter coating that has mostly flaked off). There is a button on her rump that flaps the wings slightly. Toy is marked 2007 CHINA on back leg.
Is this another style of Fantasy Fields pony? This unicorn is taller (8″), and marked 2007 CHINA on a back leg, same font as the Flutter Filly above. The eyes are very close in style. She has a light-up horn and jewel on forehead, and also a rubbery molded braid accent in the mane. (Thanks to kivilcimyavuz for bringing this to my attention, and pointing me in the direction of one for sale!)