宗馥莉辞职，更多内幕曝光

Core Viewpoint - The resignation of Zong Fuli from Wahaha Group marks a significant decision regarding the ownership and usage rights of the "Wahaha" trademark, reflecting ongoing internal conflicts and historical issues within the company [5][12]. Group 1: Resignation Details - Zong Fuli officially resigned from all positions at Wahaha Group on September 12, 2025, with the resignation process approved by the shareholders and board of directors [1]. - The resignation is linked to compliance issues regarding trademark usage, as Zong Fuli's other company, Hongsheng Group, intended to launch a competing brand "Wawaizong" [2][5]. - The choice to resign indicates a strategic separation between Wahaha Group and Hongsheng Group, particularly concerning brand assets [4][5]. Group 2: Trademark Ownership Issues - The "Wahaha" trademark ownership has been a contentious issue, with the trademark held by Wahaha Group rather than Zong Fuli's family, leading to conflicts over its usage [2][6]. - In 2024, the brand value of "Wahaha" was estimated at approximately 91.19 billion [6]. - Negotiations between the largest shareholder, Hangzhou Shangcheng Cultural Tourism Investment Holding Group, and Zong Fuli regarding trademark and equity transfer have stalled due to disagreements on pricing [6]. Group 3: Corporate Governance and Future Implications - Zong Fuli's resignation follows a previous attempt to resign that was not formalized, indicating a more decisive action this time [3][4]. - The internal power dynamics within Wahaha Group are shifting, especially after the passing of the founder, Zong Qinghou, leading to legal disputes over employee shareholding agreements [10]. - The introduction of a new brand "Wawaizong" is a strategic move to mitigate legal risks associated with the "Wahaha" trademark, as the company faces ongoing trademark disputes [7][12].