Core Viewpoint - The Huyuan Group has announced a complete takeover of Beijing Huyuan and terminated its cooperation with Shanghai Wensheng Asset Management Co., Ltd due to significant breaches of the restructuring agreement by Shanghai Wensheng [1][2][4]. Group 1: Restructuring and Investment - Huyuan's restructuring began in June 2022, with a court-approved plan that included a commitment from Shanghai Wensheng to invest 1.6 billion yuan over three years for a 70% stake in Beijing Huyuan [1]. - Shanghai Wensheng failed to fulfill its obligations under the restructuring agreement, including not paying 850 million yuan of the agreed investment and mismanaging the funds already invested [1][4]. Group 2: Operational Management Issues - Huyuan Group discovered that Shanghai Wensheng lacked the necessary experience in beverage production, leading to the procurement of unverified juice raw materials from ordinary processing plants, which compromised product safety [1][4]. - The actions of Shanghai Wensheng were deemed irresponsible and detrimental to the Huyuan brand, prompting the group to take necessary measures to protect its brand image and product safety [4]. Group 3: Legal and Contractual Actions - Huyuan Group declared all contracts signed by Shanghai Wensheng with non-affiliated processing companies for juice raw material procurement as invalid [2][5]. - The group will exercise its right to suspend the performance of the restructuring agreement and related contracts until Shanghai Wensheng fully complies with the agreement and compensates for the damages caused by its breaches [2][5].
汇源集团宣布重掌汇源品牌
2 1 Shi Ji Jing Ji Bao Dao·2026-01-08 12:56