Today, some media outlets claimed that 360 Company Chairman Zhou Hongyi, renowned private equity investor Lin Yuan, and other business leaders attended the "2025 China Entrepreneurs Association Annual Meeting" on August 31st to endorse Zhenjiu Lidu Group's premium products, including Dazhen and Bull Market Super Beer. The reports also stated that Zhenjiu Lidu Group Chairman Wu Xiangdong was invited to participate in the event.

However, after investigating relevant reports, industry sources have discovered that the aforementioned information does not align with facts.

According to available records, the China Entrepreneurs Association originated from the China Factory Directors and Managers Work Research Association, which was established in March 1984, and was renamed to China Entrepreneurs Association in January 1988. The China Enterprise Confederation, approved by the State Council as the first national economic social organization, serves as a joint organization for enterprises, entrepreneurs, and business groups. Its predecessor was the China Enterprise Management Association, founded in March 1979, which was renamed to China Enterprise Confederation in May 1999. The China Enterprise Confederation and China Entrepreneurs Association are collectively referred to as "China Enterprise Federation."

Upon verification, the China Enterprise Federation did not hold the so-called "2025 China Entrepreneurs Association Annual Meeting" on August 31st.