宗庆后遗产暗战：三份文件交锋17.99亿美元家族信托，香港裁决保资产，内斗待杭州断局

Core Viewpoint - The dispute surrounding the offshore trust of the Zong family has brought to light the asset distribution issues of Wahaha Group's founder, Zong Qinghou, following his death. The Hong Kong High Court has issued a ruling on this matter, highlighting significant legal and financial implications for the involved parties [1][15]. Group 1: Legal Proceedings and Court Rulings - The Hong Kong High Court has issued a preservation order prohibiting the withdrawal or encumbrance of assets in a HSBC account valued at approximately $1.8 billion, balancing asset preservation with the management of related mainland court cases [1][15]. - The court has also mandated a disclosure order requiring the defendants to provide detailed accounts of the HSBC account's balance and transactions since February 2, 2024, to ensure transparency and prevent asset transfer that could undermine the preservation order [16][19]. Group 2: Trust Agreements and Asset Management - Zong Qinghou had established three offshore trusts (Trust A, B, and C) for his children, each with an initial value of $700 million, structured as irrevocable non-principal trusts, meaning only interest income could be distributed [3][9]. - The trust agreements specify that the beneficiaries are limited to Zong's children and their descendants, excluding spouses, and the principal is to remain intact for long-term investment [8][10]. Group 3: Disputes and Allegations - The plaintiffs allege unauthorized withdrawals from the HSBC account totaling approximately $5.2 million between January and April 2024, claiming these actions were taken without their consent and are unrelated to the offshore trust [11][12]. - Zong Fuli, the defendant, contends that the asset fluctuations were due to currency exchange rates and investment adjustments, asserting that the withdrawals were legitimate and consistent with prior investment practices [11][12]. Group 4: Future Implications and Ongoing Litigation - The case has broader implications for the management of family trusts in China, particularly regarding the legal recognition of trust arrangements and the responsibilities of trustees [14][15]. - The ongoing litigation in Hangzhou will determine the final asset distribution and the validity of the trust agreements, with the Hong Kong court's rulings serving as a preliminary framework for asset management during the legal proceedings [20].