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Following the passing of Wahaha founder Zong Qinghou, his sole daughter Zong Fuli finds herself entangled in a contentious inheritance battle. Three individuals, each holding American citizenship and claiming to be Zong Fuli's "half-siblings," have come forward, demanding a portion of the $2.1 billion trust fund and the 29.4% stake in Wahaha Group registered under Zong Fuli's name. This intricate inheritance dispute encompasses a web of personal relationships, conflicting interests, and legal intricacies. The courts in Hangzhou and Hong Kong have taken up the case and are anticipated to deliver a verdict by September 2025. While Wahaha has maintained silence on the matter, the market watches with concern, wondering if this incident might tarnish the brand's image and disrupt corporate governance.
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