According to Qichacha, recently, there has been a business change in Hangzhou Wahaha Group Co., Ltd., with Zong Qinghou stepping down as the legal representative and chairman, and both positions being taken over by his daughter Zong Fuli. At the same time, several executives including Zhang Hui and Wu Jianlin have resigned from the board of directors and the supervisory board, and new directors such as Ye Yaqiong and Fei Junwei have been appointed, with Wang Guoxiang serving as a director and vice general manager. Shareholder transparency shows that Zong Qinghou has exited the shareholder ranks, and Hangzhou Wahaha Group Co., Ltd. is now jointly owned by Zong Fuli, Hangzhou Shangcheng District Wenshang Travel Investment Holdings Group Co., Ltd., and Hangzhou Wahaha Group Co., Ltd. Grassroots Trade Union Joint Committee (Employee Stock Ownership Plan) with 3 shareholders.