On the morning of September 28, Duan Yongping posted on the Snowball platform, “bought some” Kweichow Moutai: the unit price was around 1,230 yuan, and 30,000 shares were purchased, costing over 36.9 million yuan. At around 1:30 p.m., Kweichow Moutai rallied and turned red. Sorting out his views, the core is to value Maotai's business model and long-term needs. He believes that the trend of consumers drinking less and drinking better alcohol may still support Maotai's demand; a slowdown in short-term sales does not mean that its long-term value has fundamentally changed. He also stated that in ten years, Maotai is likely to outperform inflation, but emphasized that this is just a personal judgment; it is not a guarantee of earnings. It is worth mentioning that in mid-August of this year, Duan Yongping threw a “100 million yuan gambling contract” on the snowball, saying “I would dare to take Maotai and gamble 100 million yuan with any domestic fund, limited to ten years.” However, this gamble did not come to fruition. However, Bin later responded that there is no need to publicly share the difference between gambling; naturally, the performance after ten years can be compared. The reporter is now checking the snowball platform. Duan Yongping's original post about the gambling contract mentioned above can no longer be found.

On the morning of September 28, Duan Yongping posted on the Snowball platform, “bought some” Kweichow Moutai: the unit price was around 1,230 yuan, and 30,000 shares were purchased, costing over 36.9 million yuan. At around 1:30 p.m., Kweichow Moutai rallied and turned red. Sorting out his views, the core is to value Maotai's business model and long-term needs. He believes that the trend of consumers drinking less and drinking better alcohol may still support Maotai's demand; a slowdown in short-term sales does not mean that its long-term value has fundamentally changed. He also stated that in ten years, Maotai is likely to outperform inflation, but emphasized that this is just a personal judgment; it is not a guarantee of earnings. It is worth mentioning that in mid-August of this year, Duan Yongping threw a “100 million yuan gambling contract” on the snowball, saying “I would dare to take Maotai and gamble 100 million yuan with any domestic fund, limited to ten years.” However, this gamble did not come to fruition. However, Bin later responded that there is no need to publicly share the difference between gambling; naturally, the performance after ten years can be compared. The reporter is now checking the snowball platform. Duan Yongping's original post about the gambling contract mentioned above can no longer be found.