Wahaha's large number of individual shares are being auctioned

Zhitong
2024.07.18 04:28

On the morning of July 18th, a letter addressed to all employees of Wahaha Group circulated online. It is understood that Wahaha's equity structure is quite complex. In Wahaha Group Limited, Hangzhou Shangcheng Wenshang Travel Investment Holding Group Limited holds 46% of the shares, Wahaha's founder Zong Qinghou holds 29.4% personally, and the Hangzhou Wahaha Group Limited grassroots trade union joint committee (workers' shareholding committee) holds 24.6% of the shares. According to Beijing Business Daily, in 2024, the natural person shares of Zhejiang Wahaha Industrial Co., Ltd. appeared in nearly 50 auctions on the Alibaba Auction Platform, ranging from 5,000 shares to 60,000 shares, with prices ranging from over 90,000 yuan to several hundred thousand yuan. Public information shows that the legal person of Zhejiang Wahaha Industrial Co., Ltd. is still Zong Qinghou, with Zong Fuli serving as a director. (Beijing Business Daily)

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.