But Bin replied to Duan Yongping's 100 million gamble: it is not suitable to publicly wager in the domestic market, and it is highly likely that no hundred-billion private equity firms will take the challenge.

Recently, Duan Yongping stated that he has never sold a single share of Pop Mart and that he would bet one hundred million against any fund while holding onto Maotai. Some netizens suggested that Dan Bin should take up the challenge. On the evening of August 13, Dan Bin responded to this matter. He explicitly stated that the domestic environment is not suitable for such public monetary betting and that it is highly unlikely that any hundred billion private equity fund would step up to the challenge. Additionally, he emphasized that his views on leading white liquors have never changed.