Recently, Olympic table tennis champion Fan Zhendong has come into conflict with the World Table Tennis (WTT) organization. On December 27th, both Fan Zhendong and fellow Olympic champion Chen Meng announced that due to the new "withdrawal fine" regulations introduced by the WTT, they had no choice but to apply for withdrawal from the world rankings. Both athletes posted their applications for withdrawal from the world rankings, which were submitted on December 23rd, on social media. On December 28th, the WTT responded to the regulations mentioned by the two athletes with six points, stating that the rules they referred to were not newly introduced. The very next day after the WTT's response, Fan Zhendong once again expressed on social media that he had never been officially informed of the fines for withdrawing from a match before, and that he signed and submitted his application for withdrawal on the day he received notice from the WTT. What exactly is the WTT organization, and why are Chen Meng and Fan Zhendong withdrawing from competitions? Inadequate Prize Money Attraction WTT is an acronym in English, standing for World Table Tennis, which translates to World Professional Table Tennis League in Chinese, also known as the World Table Tennis Federation. It is a professional tournament organization established by the International Table Tennis Federation (ITTF). Publicly available information indicates that the WTT, founded in August 2019, aims to take athletes and fans at its core, helping to comprehensively upgrade and transform the ITTF's competition system and commercial system, fully tapping the potential of table tennis, and…