Author | Cat Brother
Source | Big Cat Finance Pro" Early recovery ".
Netizens swipe the screen under Wahahas Weibo.
On February 22, some media learned from Zhejiang University Shawiyi Hospital that the current Wahahas founder Zong Qinghou is in the ICU ward.It is reported that Zong Qinghou was admitted to the hospital because of .
Then Wahaha also issued a statement, "The current situation is stable", "Wahaha Groups various businesses run normally".
"Early recovery" is the most sincere wish of netizens. After all, he and Wahaha run through the childhood of most people.
Zong Qinghou was born in the turbulent 1945. After liberation, the family moved back to Hangzhou, Zhejiang, Zhejiang, from Jiangsu.The salary supports the family.
In the 1960s, in the torrent of the times, Zong Qinghou went to the countryside as a educated youth. It was 15 years after returning to the city. He took his mothers class and entered the school -run enterprise.As a salesman, because of the flexible brain, his work did a good job. At one time, he had made the semi -dead school -run enterprise.
When he starts his business, he is 42 years old.
In April 1987, Zong Qinghou and two retired teachers relying on the 140,000 yuan borrowed to contracted a losing money in Hangzhou Shangcheng District School OfficeThe distribution department of the enterprise began to start a business.
There are more business of new enterprises, selling popsicles, soda, and homework books. It was originally a small shop serving the school.In a month, a child nutritional food factory was opened, and the business of health products founded the business of health products. By 1989, the Wahaha Food Factory was officially established, the business of childrens nutrition solution was established, and Wahahas trademark was registered.
"Drinking Wahaha, eating is fragrant", The advertisement starts, and the popularity is opened.100 million yuan.
In 1991, Wahaha merged the Hangzhou canned food factory.When it comes to multiple categories such as pure water, juice, fruit milk, it has become the leader of food and beverages.
But then, because of the loss of real estate investment, and some new products in the market are not strong, Wahaha also fell intoIts in the dilemma of funds.
At this time, Wahaha encountered Frances Danone.
In the 1990s, French food giant Danone Group began to enter the Asian market. China is naturally a stop.It is the acquisition of local enterprises, and then get control.
In March 1996, Danones Jinda Investment and Wahaha married, set up 5 joint ventures, Jinjia Investment held 51%, Wahahaha49%of the shares, , but because Jinda Investment is jointly held by Danone and Hong Kong Baiqin, it is actually Wahaha occupy the dominant power .
Zong Qinghou followed the "4 chapters of the law" with Danone, which can be said to be the gospel of the worker:
1. The brand is unchanged; 2. The position of the chairman is unchanged;3.p>
4. It is forbidden to dismiss employees over 45 years old.
At the beginning of the joint venture, the two parties were adjusted with honey, and even submitted a trademark transfer contract.Later, the two parties signed a trademark usage contract. China can use Wahaha trademarks, but it is necessary to submit the board of directors of the joint venture company .
Wahaha then entered the development expressway. But after the financial crisis, Hong Kong Baiqin withdrew from Jinjia Investment, and the joint venture company held 51%of the shares from Danone and realized the holding.
The differences between the two sides are also here.Companies that have nothing to do with Danone and box companies, in the western region, produce Wahaha related products.
The contradiction later finally broke out.
In 2006, Danone Boom Wahaha violated the trademark use agreement, In April 2007, Zong Qinghou exploded, Danone Group wants 40 as 40The price of 100 million yuan acquired Wahahas non -joint venture, and it must be strongly pushed for low -priced mergers and acquisitions.
Arbitration, litigation, peace talks, the two parties fiercely confronted, the lawsuit hit the Norway, the British Virgin Islands, Samoa, the United States, the United States, the United States, the United StatesIn many countries and regions, Danones 29 lawsuits have no prosecution.
Until February 2009, Zong Qinghou used the dissolution of the joint venture as the final killer, which promoted the final settlement of both parties.The price of 300 million euros was sold to Wahaha, the final ending of Dawas dispute.
Zong Qinghou took back the Wahahas trademark.
In 2010, Zong Qinghou and his family raised their prices with 80 billion yuan, became the richest Chinese richest Chinese on Forbes and Hurun Rich List.
At this time, Zong Qinghou is 65 years old.
The value of Zong Qinghou can only be estimated. After all, Wahaha is not a listed company."Wahahas cash flow is charged, we dont need to go public" , similar to the attitude of Huawei and the old godmother. After all, it is suspected of launching money.
In recent years, the sound of listing on the market has been reported many times, but they are eventually confirmed as rumors.
However, Wahaha is not on the market, and may not want to do not want to. may also be because the threshold of the IPO has not crossed.
Sky Eye Check information shows that Wahaha Groups major shareholders are Hangzhou Shangcheng Finance Bureau, holding 46%, and Zong Qinghou holds 29.4% The employee holds 24.6%of the shares, and Zong Qinghou is only a second shareholder.
And Zhejiang Wahaha Industrial, initiated 43.03%of legal persons, 31.47%internal employees, and 25.5%of social legal shares.The threshold of the IPO is that the total number of shareholders cannot exceed 200 people.
In 2023, the pinnacle of Wahahas revenue was close to 80 billion, and the target was set at 100 billion yuan.And the scale of revenue is still shrinking .
In 2017, Zong Qinghou also had to relax and hold an open attitude towards the capital market.
And the former agent Zhong Yan, who had Wahaha in Hainan, not only made Nongfu Spring, but later the farmer Shanquan was listed, let Zhongzhang rank among the richest people in China, and continuously dominated the listEssence
Today, Wahahas second -generation Zong Yili has been in the top, and Zong Qinghou is still improving.Strong> can be said to be very inspirational.
79 years old. For entrepreneurs, it is not counted. As netizens expect, I hope that Master Zong will recover soon.
