汇源果汁重整僵局致产品下架：新老股东争公章，员工一度要进群领工资

Core Viewpoint - The internal conflict at Huiyuan Juice has escalated, leading to product withdrawals and operational disruptions as new and old shareholders vie for control over the company [1][6]. Group 1: Shareholder Dispute - Wang Qinghan, newly appointed general manager, claims that the original management team is obstructing necessary operational changes and has engaged in illegal activities such as forging company seals [2][3]. - The restructuring plan approved in June 2022 has led to Shanghai Wensheng Asset Management becoming the controlling shareholder, holding 60% of the shares, while the original management retains control over the supply chain and distribution resources [5][6]. - Tensions have risen due to overdue capital injections, with the original management accusing the new shareholders of failing to fulfill their financial commitments [5][6]. Group 2: Operational Impact - The internal strife has resulted in some e-commerce stores temporarily halting operations, although offline market impacts remain limited for now [1][6]. - Employees have reported that the new management's approach to salary distribution has created further unrest, as they are required to join a new management-created group to receive their wages [3][4]. - The company is facing challenges in maintaining normal operations, with reports of disruptions in social security and housing fund payments due to unauthorized changes made by the new management [4][5]. Group 3: Market Position and Future Outlook - Despite the turmoil, Huiyuan Juice's revenue projections for 2023 and 2024 are estimated at 2.75 billion and 2.48 billion respectively, with net profits of 420 million and 340 million [5]. - The ongoing conflict has led to product delistings on major platforms, although some distributors continue to sell Huiyuan products, indicating a mixed market response [6][7]. - Analysts suggest that the long-term effects of this internal struggle on brand reputation and market stability remain uncertain, with potential implications for creditors and partners like Guozhong Water [6][7].