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抵制恶意资本游戏!“国民饮料”汇源果汁怒撕大股东,打着重整投资旗号画饼充饥,呼吁员工为自己生存命脉负责,昔日“白马骑士”成仇人
Sou Hu Cai Jing·2025-08-15 10:14

Core Viewpoint - Beijing Huiyuan Food and Beverage Co., Ltd. has publicly criticized its major shareholder, Zhuji Wenshenghui, for failing to fulfill investment obligations and has called for resistance against malicious capital games [1][4]. Group 1: Conflict Overview - The conflict between Beijing Huiyuan and Zhuji Wenshenghui escalated sharply, with Huiyuan accusing Wenshenghui of not fulfilling its investment commitments of 850 million yuan, which has been overdue for over a year despite 11 reminders [4][7]. - Huiyuan's management claims that Wenshenghui's actual contribution is only 7.5 billion yuan, which has not been effectively utilized in Huiyuan's operations, raising concerns about the legitimacy of Wenshenghui's control over the company [7][8]. Group 2: Legal Actions and Implications - Huiyuan has initiated legal proceedings against Zhuji Wenshenghui and its controlling shareholder, Wensheng Assets, which have been accepted by the court [4][8]. - The potential for Wenshenghui to receive 60% of dividends or equity transfer proceeds without fulfilling its investment obligations poses a risk of dilution for other shareholders and debt-to-equity swap beneficiaries [8][9]. Group 3: Historical Context - The relationship between Beijing Huiyuan and Zhuji Wenshenghui began three years ago when Huiyuan underwent bankruptcy restructuring and Wensheng Assets became the controlling shareholder [6][10]. - The restructuring plan included a commitment from Wensheng Assets to invest a total of 1.6 billion yuan over three years, but the actual investment has not been fully realized [6][7]. Group 4: Financial Strain and Future Prospects - Zhuji Wenshenghui is reportedly facing financial difficulties, which may explain its reluctance to fulfill investment commitments [10][12]. - Plans for a potential acquisition by Guozhong Water and a subsequent A-share listing for Huiyuan have been hindered by unresolved capital contribution disputes [11][12]. Group 5: Internal Dynamics - The founder of Huiyuan, Zhu Xinli, has become a focal point amid the escalating conflict, with recent public appearances indicating ongoing involvement in the company's affairs [13][14]. - Internal conflicts within Huiyuan are becoming more apparent, with legal disputes and management challenges surfacing as the company navigates its post-restructuring landscape [16].