Hangzhou Wahaha Group Co.,Ltd. Risk Report

⚖️ Legal & Regulatory

Hangzhou Wahaha Group Co., Ltd. is facing significant legal challenges involving inheritance disputes, which could impact their financial stability and corporate governance. These disputes involve claims of up to $2 billion, highlighting the substantial stake at play.

• Kelly Zong, the heiress, is involved in a $2 billion inheritance lawsuit with her alleged half-siblings, reported on 🗓 July 12, 2025.
• A legal battle over asset disputes has been ongoing, with a lawsuit filed in a Hong Kong court against the beverage heiress, noted on 🗓 February 20, 2025.
• An inheritance dispute totaling US$2 billion involving Wahaha's heiress was escalated to a Hong Kong court, dated 🗓 July 14, 2025.

🏗️ Operational & Business Continuity

Following the death of its founder, Zong Qinghou, Wahaha has experienced several operational shifts that suggest potential internal disruption. The leadership transition and asset disputes could pose risks to business continuity and strategic direction.

• Kelly Zong resigned as the head of Wahaha amidst internal conflicts, as reported on 🗓 July 18, 2024.
• Following the death of founder Zong Qinghou on 🗓 February 26, 2024, there was a brief surge in product sales due to heightened nostalgic consumer interest.