赢了！娃哈哈不是国企，宗馥莉离职不需要审计！国资参股而已

Core Viewpoint - The resignation of Zong Fuli from her position as chairwoman of Wahaha Group has raised questions about the company's ownership structure and the implications of her departure on the company's governance and control [1][4]. Group 1: Company Ownership Structure - Wahaha Group is classified as a mixed-ownership enterprise rather than a state-owned enterprise, as the state-owned capital does not exceed half of the board members and lacks controlling power [4][11]. - Zong Fuli holds a 29.4% stake in Wahaha, while Hangzhou Wen Shang Lv holds 46%, and the employee stockholding committee holds 24.6%, giving Zong Fuli significant decision-making power through a unified action agreement [4][10]. - The state-owned capital in Wahaha does not contribute financially, which means it does not receive dividends, reinforcing the notion that Wahaha is primarily a private enterprise controlled by the Zong family [10][11]. Group 2: Historical Context - Wahaha's origins trace back to a school-run enterprise in Hangzhou, where Zong Qinghou took over a loss-making distribution department in 1987 and later established the first product, Wahaha Children's Nutritional Liquid, in collaboration with Zhejiang University [7][9]. - The initial funding for Wahaha came from a loan and sales revenue, indicating that the company was built on private capital rather than state investment [7][10].