Duan Yongping buys Bubble Mart again, increasing his stake by 5.69%, becoming the second largest shareholder According to a report by Golden Finance, on May 27th, the Hong Kong Stock Exchange disclosed the latest data from Yi, which showed that Bubble Mart (9992. HK) experienced a change in major shareholder equity on May 25th, 2026. Duan Yongping and H&H International Investment, LLC simultaneously increased their holdings of the company, triggering a mandatory disclosure requirement. In this change, the two shareholders each increased their holdings by 9823200 shares, with a total of 76371600 shares after the increase, accounting for 5.69% of the issued voting shares, exceeding the 5% equity disclosure red line of the Hong Kong Stock Exchange. From the perspective of synchronous operation and consistent shareholding ratio, it is highly likely that the two are concerted actors, with a total shareholding ratio of 11.38%, and they have a certain say in corporate governance. Against the backdrop of current market volatility, shareholders' increase in holdings demonstrates their firm confidence in the intrinsic value and long-term development of the company, as well as their high recognition of the company's growth value, which is conducive to enhancing investor confidence and market competitiveness, or forming short-term positive support for the stock price. It is worth mentioning that on May 7th, Duan Yongping posted that he had replaced Shenhua with Bubble Mart. By buying with real gold and silver, Duan Yongping is currently the second largest shareholder of Bubble Mart.