炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：21财闻汇 作者：谭璐 编辑：陈晓平 图源：网络 汇源果汁的控制权之争，再度升级。 1月8日，汇源集团宣布，文盛资产主导的重整方案彻底失败，将全面接管北京汇源。 让汇源集团难以容忍的是，文盛方面拒绝支付约定的8.5亿投资款项，还让代工厂生产冒名顶替的果汁 产品。 有了解内情的人士告诉《21CBR》，包括汇源果汁的品牌、运营、销售、订货等，都由汇源集团全面接 管。至于北京汇源管理层的具体变动，暂不清楚。 外界猜测，朱新礼家族可能重掌北京汇源。 1 两者归属不同所有方，本来由北京汇源向汇源集团采购成品。 "汇源干了34年，拥有完整的产业链，不是找个代工厂，生产出来的就叫汇源。"汇源集团人士对 《21CBR》表示。 矛盾升级 《21CBR》从内部人士处了解到，1月8日上午汇源集团发出声明之后，到当天下午17点左右，上海文盛 方面尚未有正式表态。 而代表文盛方面的北京汇源CEO王清汉，则转发了一条汇源果汁官方微信号的视频，庆祝安徽滁州华冠 工厂正式开工。 这家代工厂，恰好就是汇源集团指出的问题所在。文盛向普通代工厂采购未经汇源集团食品安全 ...

Core Viewpoint - The company is currently embroiled in a power struggle between its original investors and the restructuring party, leading to significant disruptions in its operations and supply chain, particularly resulting in stock shortages on major e-commerce platforms [1][2][4]. Company Summary - Beijing Huiyuan Food and Beverage Co., Ltd. (Huiyuan) has accused its major shareholder of interfering with its operational order, which has caused widespread stock shortages on e-commerce platforms [1]. - On September 12, Huiyuan issued a statement regarding the illegal actions of Shanghai Wensheng Asset Management Co., Ltd. and Zhuji Wensheng Hui's self-owned funds investment company, claiming they provided false information and illegally forged company seals to withdraw a lawsuit against Huiyuan [2][4]. - Huiyuan has reported that its official flagship store on platforms like Taobao is currently out of stock, only offering a recharge link for consumers [4]. - The company has called for regulatory authorities to investigate the illegal activities involving false documentation and manipulation, emphasizing the need to maintain normal market order and protect consumer rights [12]. Financial and Operational Context - In June 2022, the Beijing First Intermediate People's Court approved Huiyuan's restructuring plan, with Wensheng Asset playing a crucial role in this process by committing to invest 16 billion yuan over three years [13]. - However, as of August 9, 2023, Huiyuan disclosed that 8.5 billion yuan of the promised investment had been overdue for over a year, with repeated requests for payment going unheeded [14]. - Despite the restructuring efforts, Huiyuan's revenue for 2024 is projected at 2.48 billion yuan, with a net profit of 340 million yuan, reflecting an 18.9% decline [17]. Industry Context - The juice market has become increasingly competitive, with major players like Nongfu Spring, Coca-Cola (Minute Maid), and Wei Chuan intensifying their efforts, alongside the rise of new brands [15]. - The industry is experiencing a shift towards healthier, sugar-free products, necessitating significant investment in product innovation, channel development, and marketing strategies, which has prompted Huiyuan to seek new capital [15].