Wahaha Group

Stay out of politics, billionaire Zong Qinghou warns Chinese entrepreneurs

Zong Qinghou, named by Forbes as China's richest man. Photo: Simon Song

A successful Chinese entrepreneur should understand but not participate in politics, said beverage tycoon Zong Qinghou, billed as China’s richest man.

Thursday, 14 March, 2013, 11:51am 2 comments

Wahaha splashes out on Man U sponsorship

Manchester United to 'engage' with mainland fan base.

Manchester United, the record 19-time English soccer champion, signed a three-year sponsorship deal with Hangzhou Wahaha Group, owned by China's richest man, Zong Qinghou.

The deal, the first for the club with a soft drinks maker in China, will let it "engage" with its fan base in the Asian nation where it has 108 million followers, Manchester United said on its website yesterday.

17 Jan 2013 - 4:19am

Billionaire’s daughter: I'm rich and boyfriendless

Zong Fuli and Zong Qingho. Photo: screeshot from Weibo.

What is like to be the daughter of China’s wealthiest man? 'Rich and boyfriendless', according to the only daughter and heiress of beverage tycoon and billionaire Zong Qinghou.

10 Jan 2013 - 6:42pm 5 comments

Drinks boss defends his stand on charity

When Bill Gates and Warren Buffett visited Beijing in October last year to encourage the mainland's wealthiest citizens to donate their fortunes to charity, Zong Qinghou, chairman of Wahaha Group and one of the richest men in China, was on top of the invitation list.

2 May 2011 - 12:00am

Tycoon suspected of failing to report 300m yuan income

The founder and chairman of the mainland's largest drinks maker, Wahaha Group, is suspected of failing to report nearly 300 million yuan (HK$333.5 million) in personal income, mainland media say.

14 Apr 2008 - 12:00am

Peace pledge a brand new twist to Wahaha dispute

Despite months of heated finger-pointing, estranged joint-venture partners Groupe Danone of France and Hangzhou-based Wahaha Group have cleverly left a back door open for an out-of-court settlement amid a barrage of public allegations that would suggest an inevitable all-out confrontation.

24 Dec 2007 - 12:00am

Xinjiang court deals Danone further setback

French food giant Groupe Danone has been dealt yet another setback two weeks after a Xinjiang court threw out the company's suit against Zong Qinghou, president of estranged partner and the mainland's largest drinks maker, Wahaha Group.

22 Dec 2007 - 12:00am

Wahaha union claims legal win to freeze assets

The blame game between French food giant Groupe Danone and its mainland partner Wahaha Group escalated yesterday as Wahaha's workers' union announced at a Beijing press conference that it had won local court orders to freeze some of Danone's assets.

17 Dec 2007 - 12:00am

Danone to appeal Wahaha brand ruling

French food giant Groupe Danone said it would seek to overturn a ruling that grants the well-known Wahaha brand to its estranged partner, claiming that the decision by the mainland arbitration office has disgraced Chinese laws.

12 Dec 2007 - 12:00am

Wahaha wins latest round in Danone battle

The mainland's largest drinks maker Wahaha Group has made its first score against France's Groupe Danone in their drawn-out dispute as a Hangzhou arbitration court ruled that Wahaha is the owner of their joint-venture brand, according to a mainland media report.

10 Dec 2007 - 12:00am

Danone files claim against Wahaha

The dispute between Groupe Danone and Wahaha Group has intensified, with the French food and drink firm saying it has filed a counter-claim with the Hangzhou Arbitration Commission seeking to retain control of the Wahaha brand.

13 Jul 2007 - 12:00am

Wahaha chairman points out where east does not meet west

Despite 11 years of working together, a vast cultural divide has been the key factor behind the messy split between French beverage giant Danone Groupe and Hangzhou-based Wahaha Group, according to the Chinese company's chairman Zong Qinghou.

9 Jul 2007 - 12:00am