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Articles by 无冕财经

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Consumer & Categories

The Succession Suspense of Zong Qinghou and Zong Fuli: Why One Hasn't Let Go and the Other Hasn't Sprinted?

At 72, Zong Qinghou remains the helm of Wahaha Group, while his daughter Zong Fuli, the sole heir, responds to succession questions by starting her own venture. The baton has been held by both for 13 years, with the former not letting go and the latter not sprinting.

无冕财经
Management & Methods

Want Want Bids Farewell to the 'Blockbuster Era': Why the Decline and How to Break Through?

Want Want's star product, Want Want Milk, has suffered a setback amid market changes. With the market becoming increasingly competitive, how can Want Want Milk survive? Where is the next blockbuster opportunity for Want Want? The myth will eventually be broken, as China Want Want (00151.HK) has seen its blockbuster product Want Want Milk decline for two and a half consecutive years. According to China Want Want's 2016 interim report, revenue from dairy and beverages in the first half of 2016 was RMB 4.6763 billion, down 18.5% from the same period in 2015. The main product, Want Want Milk, which accounts for about 90% of dairy and beverage revenue, saw its revenue decline 17.4% year-on-year.

无冕财经