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July 18th, in response to the online rumor about HangzhouWahaha GroupVice Chairman and General Manager of Co., Ltd.Zong FuliRegarding the resignation, Cailianshe reporters learned from multiple insiders today that it was true. A Wahaha distributor manager said, "Zong Fuli had been bargaining and negotiating with Wahaha Group shareholders and senior executives, mainly about equity issues. We have known about this for more than a month, but now (the negotiations) have not been concluded." The distributor mentioned to the reporter that some managers within the Wahaha Group have indeed left recently, and sales in the distribution channels have indeed increased in recent months due to the impact of network traffic.

Xiaocai Note: Today, Zong Fuli's "Letter to All Employees of Wahaha Group" circulated online, mentioning that she would resign from the positions of Vice Chairman and General Manager of Wahaha Group from July 15 and would no longer participate in its operation and management. (Reporter Chen Kang of Cailianshe)