# Kelly Zong
Latest news and articles about Kelly Zong
Total: 2 articles found
A Tomb-Sweeping Truce: Kelly Zong’s Strategic Pivot to Stabilize the Wahaha Empire
Kelly Zong has signaled a reconciliation with her half-siblings during a symbolic tomb-sweeping visit, marking a significant turn in the 35 billion RMB inheritance battle for the Wahaha Group. This domestic truce, combined with a multi-billion yuan settlement with state-owned shareholders, aims to stabilize the iconic Chinese beverage brand.
Bottled Tension: Wahaha’s Drastic Restructuring Signals a New Era for China’s Beverage Giant
Chinese beverage giant Wahaha is undergoing a radical restructuring, including the suspension of 70% of its production lines and a move toward total manufacturing self-reliance. The transition has triggered labor protests and revealed significant brand risks, with the company even considering a pivot to a new brand due to trademark disputes.