“继承之战”，宗馥莉能赢吗？

Core Viewpoint - The article discusses the inheritance battle within Wahaha, China's leading beverage company, focusing on the conflict involving Zong Fuli, the daughter of founder Zong Qinghou, and her half-siblings over a substantial estate valued at 35 billion yuan (approximately 5 billion USD) [2][3]. Group 1: Inheritance Dispute - Zong Fuli, previously seen as the undisputed heir, faces legal challenges from three half-siblings who are demanding a share of 2.1 billion USD in trust assets and 29.4% of Wahaha's equity, which she currently holds [2][3]. - The lawsuits are filed in both Hong Kong and Hangzhou, with the Hong Kong case focusing on trust contracts and the Hangzhou case addressing equity inheritance issues [2][3]. - The outcome of the Hangzhou court's decisions on the familial relationship and the status of the equity as part of the estate is crucial for the inheritance dispute [2][3]. Group 2: Corporate Dynamics - Zong Fuli's leadership has been marked by significant changes, including a brief resignation due to shareholder concerns about her management, which was interpreted as a strategic move to assert her position [3][4]. - She has been implementing aggressive reforms at Wahaha, including appointing executives from her own company, Hongsheng Beverage Group, and shutting down factories managed by her siblings [3][4]. - These actions have led to internal dissent, with complaints from employees and criticism from family members regarding her management style [4]. Group 3: Future Implications - Zong Fuli holds a will from Zong Qinghou that designates her as the sole heir to overseas assets, but the legitimacy of this will is being challenged by her half-siblings [4]. - If the court recognizes the inheritance rights of the half-siblings, it could lead to a significant restructuring of Wahaha's equity and governance, potentially destabilizing the company [4].