知情人士：宗馥莉今日正常上班

Core Viewpoint - Wahaha Group is facing significant turmoil, including investigations involving key executives and potential brand changes amid ongoing legal disputes over inheritance issues. Group 1: Executive Investigations - Recent reports indicate that Yan Xuefeng, a close associate of Zong Fuli, is under investigation for disciplinary violations, with the Hangzhou Disciplinary Inspection Commission involved [1][4] - Zong Fuli was rumored to have been taken away for questioning, although she was reported to be at work on October 9 [1][3] Group 2: Brand Changes - Wahaha Group plans to transition to a new brand, "Wawa Xiaozong," starting from the 2026 sales year to address historical compliance issues related to the "Wahaha" brand [4][5] - The trademark for "Wawa Xiaozong" is currently owned by Hongsheng Group, with an application date set for May 2025 [5] Group 3: Sales Performance - Wahaha's sales have reportedly declined to 80% of last year's peak performance, indicating a significant drop in market activity [5] - The Shanghai Wahaha Drinking Water Co., Ltd. has launched a new brand, "Hu Xiaowa," due to brand authorization disputes that led to factory shutdowns [5][10] Group 4: Corporate Structure and Ownership - Zhejiang Wahaha Industry Co., Ltd. holds a 43% stake in Wahaha Group, with internal employees owning approximately 31.5% and social capital holding about 25.5% [5] - The Shanghai Wahaha Drinking Water Co., Ltd. has been operating under the "Wahaha" brand but is now facing challenges due to expired trademark licenses [10][11]