Core Viewpoint - The internal conflict at Beijing Huiyuan Food and Beverage Co., Ltd. has escalated, revealing a power struggle between the new management led by Wang Qinghan and the original management team, impacting the company's operations and market presence [2][5][8]. Group 1: Management Changes and Control - Wang Qinghan was appointed as the general manager after the restructuring plan was approved, with Shanghai Wensheng Asset Management Co., Ltd. becoming the controlling shareholder [2][3]. - The original management team accused Wang Qinghan of using coercive tactics to force employees to choose sides, disrupting normal operations [2][5]. - The restructuring process has reached a stalemate, with the new management holding the "Huiyuan" brand while the original team retains control over the supply chain and distribution resources [2][7]. Group 2: Financial Commitments and Challenges - Wensheng Asset committed to a total investment of 1.6 billion yuan over three years, but the second tranche has not been received, leading to tensions between the parties [4][7]. - The original management team claims that Wensheng Asset's actual capital contribution is only 22.8% of the registered capital, with significant overdue investments [7][8]. - The financial instability has raised concerns about the company's ability to operate effectively, with reports of misappropriated funds and unapproved payments to related parties [7][8]. Group 3: Market Impact and Future Prospects - The internal conflict has led to disruptions in e-commerce operations, with some online stores facing stock shortages, although offline sales remain relatively stable [2][5][8]. - The company plans to initiate a public tender for contract manufacturing and recruit distributors, potentially escalating the competition between the factions [9]. - Industry experts suggest that the ongoing struggle for control may harm the brand's reputation and overall market position, with both parties prioritizing their interests over the company's long-term health [9][10].

Core Viewpoint - The internal conflict at Huiyuan Juice has escalated, leading to product withdrawals and operational disruptions as new and old shareholders vie for control over the company [1][6]. Group 1: Shareholder Dispute - Wang Qinghan, newly appointed general manager, claims that the original management team is obstructing necessary operational changes and has engaged in illegal activities such as forging company seals [2][3]. - The restructuring plan approved in June 2022 has led to Shanghai Wensheng Asset Management becoming the controlling shareholder, holding 60% of the shares, while the original management retains control over the supply chain and distribution resources [5][6]. - Tensions have risen due to overdue capital injections, with the original management accusing the new shareholders of failing to fulfill their financial commitments [5][6]. Group 2: Operational Impact - The internal strife has resulted in some e-commerce stores temporarily halting operations, although offline market impacts remain limited for now [1][6]. - Employees have reported that the new management's approach to salary distribution has created further unrest, as they are required to join a new management-created group to receive their wages [3][4]. - The company is facing challenges in maintaining normal operations, with reports of disruptions in social security and housing fund payments due to unauthorized changes made by the new management [4][5]. Group 3: Market Position and Future Outlook - Despite the turmoil, Huiyuan Juice's revenue projections for 2023 and 2024 are estimated at 2.75 billion and 2.48 billion respectively, with net profits of 420 million and 340 million [5]. - The ongoing conflict has led to product delistings on major platforms, although some distributors continue to sell Huiyuan products, indicating a mixed market response [6][7]. - Analysts suggest that the long-term effects of this internal struggle on brand reputation and market stability remain uncertain, with potential implications for creditors and partners like Guozhong Water [6][7].

Group 1 - The core viewpoint of the articles highlights the growing trend and market potential of HPP (High Pressure Processing) beverages, particularly focusing on niche fruit products to differentiate from traditional juice offerings [1][2][4] - Weike Fresh has launched a new HPP watermelon juice made from Kirin watermelon, utilizing both HPP cold sterilization and NFC (Not From Concentrate) cold pressing technologies, priced at approximately 11.84 yuan per bottle [1] - The company also offers a range of similar HPP products, including HPP red heart apple juice and HPP carrot and mandarin juice, with prices around 10 yuan per bottle [1] Group 2 - The innovative fruit production company "If" has introduced its own HPP series, focusing on rare fruit varieties, with products like HPP rose lychee and HPP big red watermelon priced between 9.3 yuan and 9.92 yuan per bottle [2] - The HPP juice market has seen a significant increase in new product launches, with brands like Beibingyang and Hema also entering the space, indicating a shift in consumer preferences towards HPP beverages [2][3] - Hema reported that HPP juice sales doubled year-on-year, with monthly sales exceeding 100,000 bottles for their new products, showcasing the growing consumer interest in HPP beverages [3] Group 3 - The HPP beverage market is characterized by a lack of established brands, with many emerging brands entering the space, leaving ample room for growth [4] - The production of HPP beverages requires advanced technology and high-quality raw materials, leading many new brands to outsource production to specialized companies [4] - As consumer demand for high-quality food products increases, the application of HPP technology is expected to grow, enhancing market competitiveness for manufacturers who can scale production effectively [4]