【西街观察】二代接班没有“大女主”

Core Viewpoint - The departure of Zong Fuli from Wahaha marks a significant turning point, indicating a growing distance between her and the company, contrasting with her previous return after a resignation crisis [1][2]. Group 1: Company Dynamics - Zong Fuli's resignation appears to be a well-considered decision rather than a spontaneous act, influenced by ongoing disputes over inheritance and company control, which have placed both her and Wahaha under public scrutiny [2][3]. - The power struggles surrounding Wahaha's control have been ongoing for decades, highlighting the challenges of generational succession in family-owned businesses [2][3]. - The narrative of Zong Fuli's leadership transition has been tumultuous, with expectations of a smooth handover not materializing, leading to a series of dramatic developments over the past 500 days [2][3]. Group 2: Industry Context - The complexities of the current economic landscape, including shifts in China's growth model and challenges in traditional manufacturing, are impacting the governance of private enterprises and the transition of power to the second generation [3][4]. - The era of merely expanding scale in manufacturing has ended, giving way to a focus on efficiency and refined operations, which presents new challenges for successors who may lack experience and market validation [3][4]. - The struggles faced by Zong Fuli and Wahaha reflect broader issues in generational succession within family businesses, where any gaps in ownership structure or governance can hinder the ability of successors to assert control [4][5].