Will the Zong Qinghou inheritance dispute involve the loss of state-owned assets?
This key point depends on the disclosure data from the shareholder's State-owned Assets Supervision and Administration Commission. We await this, as there will be a day when the truth comes to light. But at first glance, Zong Fuli's overseas company has harvested the bulk profits of Wahaha, while the state-owned assets, which hold a majority stake in Wahaha, have turned it into a processing factory, receiving meager profits. If the 46% shares of state-owned assets were yours, would you remain silent?
This is almost a replica of the Danone case back in the day. Danone held a 51% stake and sued after discovering Wahaha's foreign-linked company. Under the influence of patriotic sentiments, the public chose to support the Zong family. Later, with government coordination and support, Danone exited with nearly four times its investment, passing the baton to state-owned assets. The next step is to observe the state-owned assets. $BNB