Zong Fuli, the daughter of Zong Qinghou, takes full charge of Wahaha: serving as legal representative, chairman and general manager, and a major change in the board of directors

1. Hangzhou Wahaha Group Co., Ltd. underwent industrial and commercial changes on August 29. Zong Qinghou resigned as legal representative, chairman and general manager, and Zong Fuli took over.

2. At the same time, Zhang Hui, Wu Jianlin and other senior executives withdrew from their positions as directors and supervisors of Hangzhou Wahaha Group Co., Ltd., adding Ye Yaqiong, Fei Junwei, etc. as directors, and Wang Guoxiang as director and deputy general manager.
3. Equity information shows that Zong Qinghou withdrew from the ranks of shareholders. Hangzhou Wahaha Group Co., Ltd. is now composed of Zong Fuli, Hangzhou Shangcheng District Cultural and Commercial Tourism Investment Holding Group Co., Ltd., and Hangzhou Wahaha Group Co., Ltd. Grassroots Trade Union Joint Committee (Employee Shareholding meeting) 3 shareholders jointly hold shares.
4. Zong Fuli is the daughter of Wahaha founder Zong Qinghou. She became the vice chairman and general manager of Wahaha Group in 2021. After Zong Qinghou passed away in February this year, Zong Fuli has taken over the name of her father. Multiple companies.
5. On July 22, Wahaha issued a statement stating that in order to ensure the company’s stable and healthy development, after friendly consultations among shareholders, Ms. Zong Fuli decided to continue to perform relevant management responsibilities of Wahaha Group.

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