Core Viewpoint - Recent developments surrounding Wahaha Group indicate significant internal turmoil, particularly involving its leadership and brand management, which may impact the company's future operations and market position [2][3][4]. Group 1: Leadership and Investigations - The investigation of Yan Xuefeng, a key executive at Wahaha Group, has raised concerns about the company's governance and stability, as he is under scrutiny for disciplinary violations [2]. - Reports suggest that the founder's daughter, Zong Fuli, remains at her post despite rumors of her being taken away for questioning, indicating a complex situation within the company's leadership [2]. Group 2: Brand and Market Position - Wahaha Group is reportedly facing challenges with its brand, as the "Wahaha" trademark is not solely owned by Zong Fuli, leading to potential rebranding efforts such as the introduction of "Wah Xiaozong" [3][4]. - The company is experiencing a decline in sales, with current figures at 80% of last year's peak performance, reflecting a significant drop in market demand [4]. Group 3: Ownership Structure and Family Disputes - The ownership structure of Wahaha Group is characterized by a tripartite balance, with state-owned enterprises holding 46%, Zong Fuli holding 29.4%, and a workers' cooperative holding 24.6%, which complicates decision-making processes [4]. - Ongoing family disputes over inheritance could lead to a dilution of Zong Fuli's shares, further complicating the company's governance and operational strategies [4].

Group 1 - The core issue revolves around the investigation of Yan Xuefeng, a key executive at Wahaha Group, which has raised concerns about the company's stability and leadership under Zong Fuli, the current chairwoman and general manager [1][3]. - Recent reports indicate that Zong Fuli is facing legal challenges related to a family inheritance dispute, which could impact her control over the company and its future direction [1][3]. - Wahaha Group is considering launching a new brand, "Wah Xiaozong," as it faces branding challenges due to the expiration of its current trademark, which may lead to a significant shift in its market presence [1][3]. Group 2 - The ownership structure of Wahaha Group is characterized by a tripartite balance, with Hangzhou City Cultural and Tourism Investment Holding Group owning 46%, Zong Fuli holding 29.4%, and a grassroots union holding 24.6% [3]. - There are concerns that if Zong Fuli's siblings win their legal battle, her 29.4% stake could be diluted, potentially leading to a loss of control over the company and further complicating its operational strategy [3]. - Sales of Wahaha products have reportedly declined to 80% of last year's peak, indicating a significant drop in performance amid the ongoing internal conflicts and brand challenges [3].