According to information from the Hong Kong Stock Exchange, Bubble Mart ushered in a major shareholder equity change on May 25, 2026. Duan Yongping and H&H International Investment, LLC simultaneously increased their holdings of the company's shares. The two shareholders each increased their holdings by 9,823,200 shares. After the increase, the number of shares held was both 76,371,600 shares. The shareholding ratio of persons acting in concert reached 5.69%, becoming the company's second largest shareholder, triggering mandatory disclosure requirements.
On May 26, a netizen asked Duan Yongping, "What do you think of Wang Ning? Is he, like Jobs, both a time teller and a clock maker?" Duan Yongping replied: "I think Wang Ning's understanding and pursuit of his products are on the same level as Jobs, at least in the future. Wang Ning's understanding of business seems to be a little better than Jobs."
