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Former Wahaha executive says Zong Fuli's resignation is true

2024-07-18

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(Original title: Wahaha and its shareholders did not respond to rumors of Zong Fuli's resignation)

Today, a photo was circulated on the Internet.Wahaha GroupVice ChairmanZong FuliResignation letter.

In this regard, on July 18, China Business News asked Wahaha about this, but the other party did not respond. Later, the reporter called Hangzhou Shangcheng District Cultural, Commercial and Tourism Investment Holding Group Co., Ltd., one of the shareholders of Wahaha Group, and the other party did not respond to the authenticity of the incident, but said: "Go ask Wahaha."

People close to Wahaha revealed that several senior executives of Wahaha had left the company recently, but refused to disclose more information. A former Wahaha executive said that this was true.

The resignation letter circulated online shows that Zong Fuli said that recently, the People's Government of Shangcheng District, Hangzhou and some shareholders of Hangzhou Wahaha Group Co., Ltd. ("Wahaha Group") have raised questions about her resignation.Zong QinghouAfter the death of the chairman, he questioned the rationality of the operation and management of Wahaha Group, which made it impossible for me to continue to perform my management responsibilities for Wahaha Group and its holding companies. Therefore, I decided to resign from the position of vice chairman and general manager of Wahaha Group from now on and no longer participate in its operation and management. Zong Fuli said that I have delivered the above-mentioned resignation letter to Hangzhou Wahaha Group Co., Ltd. and all its shareholders, and also urged the relevant parties to take a responsible attitude, re-elect the general manager in accordance with the procedures stipulated in the articles of association in a timely manner and have him perform management duties to ensure the normal operation of Wahaha Group and safeguard the common interests of Wahaha Group, customers and all employees in accordance with the law. In recent years, Zong Fuli has gradually deepened her involvement in the business of Wahaha Group. Zong Fuli has served as the director of the brand public relations department of Wahaha Group since April 2018. Since March 2020, Zong Fuli has also served as the deputy general manager of Wahaha Group Sales Company. In April 2023, Hangzhou Wahaha Feichang Cola Beverage Co., Ltd. underwent industrial and commercial changes, and Zong Fuli was added as a director.

Major shareholder Hangzhou Shangcheng District Cultural, Commercial and Tourism Investment Holding Group: I have not heard of this situation yet and need to report it to the leadership

On July 18, screenshots of Wahaha's senior management personnel changes and Vice Chairman Zong Fuli's resignation were widely circulated on the Internet. In response, Hangzhou Shangcheng District Cultural, Commercial and Tourism Investment Holding Group responded to Jiemian News that it had not heard of this situation yet and needed to report it to the leadership.

Before Zong Qinghou's death, the largest shareholder of Wahaha Group Co., Ltd. was the state-owned Hangzhou Shangcheng District Cultural, Commercial and Tourism Investment Holding Group Co., Ltd., which held a 46% stake. Zong Qinghou personally held a 29.4% stake, making him the second largest shareholder, and the Wahaha Group Labor Union held a 24.6% stake.