Core Viewpoint - The Hong Kong High Court has issued a temporary injunction in a lawsuit involving the "Zong Family Siblings" and Zong Fuli, the current chairwoman of Wahaha, preventing the withdrawal or mortgaging of assets held by Jian Hao Ventures Limited in a HSBC account until the related lawsuits in Hangzhou and Zhejiang are resolved [1][4]. Group 1: Legal Proceedings - The court's ruling allows the Zong Family Siblings to secure assets amounting to $1.799 billion held in Jian Hao Ventures Limited's HSBC account [4]. - Zong Fuli became the sole shareholder and director of Jian Hao Ventures Limited starting February 2, 2024 [4]. - A handwritten document submitted by Zong Jichang indicates that Zong Qinghou instructed to prepare trusts in Hong Kong for the siblings, with each receiving $700 million [4]. Group 2: Trust Agreements - The trust agreement involves the establishment of three offshore trusts, with beneficiaries being Zong Jichang and his children, Zong Jieli and her children, and Zong Jisheng and his children [8][10]. - The total initial amount for the three trusts is set at $2.1 billion, with each trust starting at $700 million [12]. - The trusts are structured as non-principal trusts, meaning the principal amount remains invested, and only interest can be distributed to beneficiaries [10][12]. Group 3: Disputes and Management - The main dispute centers around the scope of trust assets, trustee authority, and the establishment timeline, with Zong Fuli asserting her role as a shareholder of the trustee during the transition phase [12][13]. - Zong Fuli does not dispute the authenticity of the trust establishment but claims that the trust assets are limited to interest from the fixed principal, not the principal itself [12]. - Communication from Zong Fuli's lawyer indicates a disagreement regarding the validity of the handwritten document, with intentions to establish the offshore trust fund at an appropriate pace [13].
宗馥莉香港败诉,宗庆后“手书”曝光
Shang Hai Zheng Quan Bao·2025-08-01 15:46