Core Points - The Hong Kong High Court ruled that Zong Fuli cannot access approximately $1.8 billion in assets in a HSBC account and must disclose the account's financial transactions [1][2] - The case centers around the "Zong Family Offshore Trust" established by Zong Qinghou, which involves disputes over the rights of his non-marital children and control of the Wahaha Group [1][2] - The trust was intended to benefit Zong Qinghou's children, with a total amount of $2.1 billion allocated across three offshore trusts [1] Summary by Sections - **Legal Proceedings** - The court's decision prevents Zong Fuli and Jian Hao Ventures Limited from withdrawing or transferring assets from the HSBC account until the conclusion of litigation in Hangzhou and Zhejiang [2] - Zong Fuli is required to publicly disclose the account's latest balance and asset changes since February 2, 2024, including the whereabouts of $108,512 that was transferred out [2] - **Family Dynamics** - The plaintiffs, Zong Jichang, Zong Jieli, and Zong Jisheng, claim to be Zong Qinghou's non-marital children, with their mother, Du Jianying, having a controversial relationship with him [2] - Despite the initial legal setback, Zong Fuli maintains public support, contrasting with the plaintiffs who face negative perceptions due to their familial status [2] - **Corporate Governance Risks** - The case highlights common risks in private enterprise succession, including vague asset planning, complex family relationships, and the blending of corporate governance with personal assets [2] - Legal experts recommend that entrepreneurs implement a three-tiered mechanism of "wills + trusts + equity structure" to mitigate risks and prevent internal conflicts among heirs [2]