Duan Yongping reduced his holdings in Pop Mart, with the shareholding ratio dropping to 5.55%.

On the evening of August 5, according to disclosures from the Hong Kong Stock Exchange, H&H International Investment, managed by Duan Yongping, reduced its long position in Pop Mart International Group Limited from 7.65% to 5.55% on July 30, 2026. According to the documents disclosed by the Hong Kong Stock Exchange, the reason for this change is that H&H International Investment "delivered shares or funds as required by equity derivative instruments." On July 23, Duan Yongping responded to investors questions on social media, clearly stating: "I just started buying Pop Mart! I guess theres a high probability I wont sell in the next ten years." In addition, recently at the venue of the FIFA World Cup final in North America, Pop Mart founder Wang Ning met with Duan Yongping, where the largest and second-largest shareholders of Pop Mart took a rare photo together. Previously, when Duan Yongping responded to a netizen asking him to "share thoughts on Pop Mart's valuation," he suggested they watch "Because It's Unique," and stated that he is a fan of Wang Ning.