核心干将被“立案审查”：警示宗馥莉？

Core Viewpoint - The investigation of Yan Xuefeng, a key member of Wahaha Group, indicates potential internal conflicts and challenges within the company as it undergoes significant business adjustments under the leadership of Zong Fuli [2][3][6]. Group 1: Investigation and Internal Dynamics - Yan Xuefeng is under investigation by the Hangzhou Discipline Inspection Commission for suspected violations, which has implications for his role in the company [2]. - The investigation is linked to recent changes in the bottled water business led by Zong Fuli, who is set to take full control of Wahaha in 2024 [3]. - Yan Xuefeng is a long-time employee and a crucial figure in the company, closely associated with Zong Fuli's initiatives [3]. Group 2: Business Adjustments and Financial Impact - Zong Fuli's strategy involves transferring the bottled water sales business from Zhejiang Wahaha Drinking Water Co., Ltd. to Hangzhou Xun'er City Trading Co., Ltd., which is legally represented by Yan Xuefeng [4]. - This transfer has resulted in Zhejiang Wahaha losing its sales rights for bottled water, effectively turning it into a processing factory for Hangzhou Xun'er City, leading to a decrease in revenue and profits [4][5]. - The processing fee for bottled water has been reduced to 2.75 yuan per barrel, while the price for pure water has been increased from 6.5 yuan to 7 yuan, further impacting the profitability of Zhejiang Wahaha [4]. Group 3: Implications for Corporate Governance - The ongoing adjustments in the bottled water business reflect a complex internal interest structure, with Yan Xuefeng's investigation signaling a public escalation of internal power struggles [6]. - The situation poses a significant challenge for Zong Fuli as she navigates the integration of various interests within the company and attempts to stabilize her leadership [6].