news

according to a report by china industrial news on september 6, several former employees and internal staff of wahaha group said that because wahaha group recently asked employees to re-sign labor contracts and buy back employee stock ownership shares at a lower price, dozens of employees have recently initiated class action lawsuits to protect their rights and have entered the judicial process, waiting for the court to formally accept the case.

the direct trigger for the above-mentioned lawsuits is that since august 2024, employees of the wahaha group have been asked to terminate their contracts with the wahaha group and instead sign labor contracts with the hongsheng beverage group controlled by zong fuli. after the labor contracts were changed, the "dry stock dividends" enjoyed by employees in the wahaha group were completely cancelled. many employees are very worried that their future income cannot be guaranteed.