Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Tycoon's rags-to-riches story echoes nation's rise

Late head of Wahaha Group remembered for innovative ideas, humble lifestyle, concern for others

By WANG ZHUOQIONG | CHINA DAILY | Updated: 2024-02-29 07:41
Share
Share - WeChat
Two customers are shown goods at a jeweler's shop in Isetan department store on Huaihai Road in Shanghai, Oct 1,1995. GERHARD JOREN/GETTY IMAGES

Strong leader

Zong was also known for his firm leadership style, exemplified by his resoluteness during lengthy business disputes between Wahaha and French dairy giant Danone. A joint venture was formed in 1996 with the company producing bottled water and congee products and Wahaha's production doubled from 1996 to 1997.

However, a decade later, tensions arose when Danone tried to acquire a 51-percent stake in Wahaha's non-joint venture company at a net asset price of 4 billion yuan, along with the Wahaha trademark.

Zong strongly opposed the move and often faced the media alone.

In 2009, a settlement was reached and the Wahaha trademark remained with the Wahaha Group. "Let's not be afraid of international lawsuits. We don't bully others, but we also can't let others bully us," Zong said at the time.

Under his leadership, the Wahaha Group flourished. It diversified its portfolio to more than 200 products, including packaged drinking water, and protein, carbonated and tea beverages.

Since its founding 35 years ago, Wahaha has accumulated sales of 860.1 billion yuan, profits and taxes of 174 billion yuan, and tax payments of 74.2 billion yuan. The company now has 81 production bases and 187 subsidiaries in 29 provinces, municipalities and autonomous regions across the country, with nearly 30,000 employees.

|<< Previous 1 2 3 4 5 6 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 手机看片日韩福利| 中文字幕永久免费| 波多野结衣资源在线| 成人羞羞视频网站| 全黄性性激高免费视频| 91成人试看福利体验区| 无码人妻精品一区二区| 亚洲人配人种jizz| 中文国产成人精品久久app| 3d动漫精品一区二区三区| 最近中字视频在线观看| 四虎精品久久久久影院| nxgx.com| 欧美性69式xxxx护士| 冈本视频老版app下载安装进入口| 国产东北老头老太露脸| 性色AV无码一区二区三区人妻| 亚洲狠狠色丁香婷婷综合| 国产成人精品日本亚洲专区6| 夜来香免费观看视频在线| 么公的又大又深又硬想要| 波多野结衣99| 国产午夜三级一区二区三| www.激情小说.com| 欧美FREESEX潮喷| 免费中文字幕视频| 日本免费xxx| 成人午夜免费福利| 亚洲成a人v欧美综合天堂麻豆 | gogogo高清在线播放| 杨玉环三级dvd| 亚洲色偷偷色噜噜狠狠99| 麻豆映画传媒有限公司地址| 妖精动漫在线观看| 亚洲人成777| 波多野结衣无内裤护士| 午夜爱爱免费视频| 欧美老少配xxxxx| 在线播放国产一区二区三区| 久久国产精品系列| 波多野结衣大战黑鬼101|