Core Viewpoint - The resignation of Zong Fuli marks a significant shift in the management structure of Wahaha Group, transitioning from family control to a more diversified governance model involving state-owned shareholders and professional management [1][3]. Management Changes - Zong Fuli officially resigned from her positions as legal representative, chairman, and general manager of Wahaha Group, with 31-year-old Xu Simin, a legal expert, taking over [1][3]. - Zong Fuli's departure is characterized as a calm and deliberate decision, having submitted her resignation in September and completed the necessary approval processes [3]. Strategic Implications - Xu Simin's appointment signals a shift in focus from market competition to compliance and legal challenges, reflecting the current core issues facing Wahaha [7]. - The absence of Zong Fuli at the 2025 sales meeting, where Xu Simin represented the company, indicates a new direction for the group amidst ongoing turmoil [4]. Ownership and Control Issues - Zong Fuli's exit is attributed to the complex historical ownership structure of Wahaha, where she faced challenges in consolidating management and ownership [8]. - Key conflicts revolve around trademark ownership and equity control, particularly with the largest shareholder, state-owned "Shangcheng Culture and Tourism," holding 46% of shares, limiting Zong Fuli's ability to make unilateral decisions [9]. - The third-largest shareholder, the "Employee Shareholding Association," holding 24.6% of shares, adds further uncertainty to the control dynamics, especially following the passing of Zong Qinghou [10]. Legal and Compliance Challenges - Zong Fuli's team has escalated legal complaints regarding slow court proceedings, highlighting the intensity of the struggle for control [11]. - The inability to resolve internal disputes over equity and trademarks may have prompted Zong Fuli's strategic retreat from management to mitigate legal risks [11]. New Ventures - Zong Fuli's resignation does not signify her withdrawal from the business landscape; instead, she is shifting her focus to her own company, Hongsheng Beverage Group, which is evolving from a Wahaha contractor to an independent entity [12]. - The launch of the new brand "Wawa Xiaozong" reflects her strategy to establish a distinct identity separate from Wahaha, with plans to fully utilize this brand by 2026 [13][15]. - This transition suggests a potential dual-track future for the company, with the traditional Wahaha under state control and Zong Fuli's new ventures representing a more agile and risk-oriented approach [15].
宗馥莉卸任娃哈哈董事长，权力更迭到了摊牌时刻
3 6 Ke·2025-11-27 23:17