Wahaha's 30,000 employees will "laugh haha" this Spring Festival!
At the 2021 "Wind and Cloud Zhejiang Merchants" Awards Ceremony held recently, Zong Qinghou, chairman of Wahaha, told the media that Wahaha's development in 2021 is OK, and more than 600 million yuan will be prepared to give bonuses to employees.
At the same time, he also said that he would increase wages for employees and solve the housing problem.
Where is Zong Qinghou's "confidence"?
Zong Qinghou "posted" Wahaha's 2021 transcript: an increase of 17% (does not disclose whether it is revenue or profit), so this year's bonus also increased by 13% year-on-year.
He said that after the evaluation is over, red envelopes will be given to employees.
According to Wahaha's official website, Wahaha currently has nearly 30,000 employees, which means that each person can get a bonus of about 20,000 yuan.
Where is the "confidence" for the 600 million bonus?
In fact, this is not the first time Zong Qinghou has mentioned Waha's employee reward.
At an award ceremony in 2020, Zong Qinghou also said that Wahaha's performance grew steadily in 2019, and 600 million year-end awards were issued.
When asked by the media about the topic of "common prosperity", Zong Qinghou said: the first is to increase wages for employees, and the second is to solve the housing problem for employees.
In the future, Wahaha will also invest 500 million yuan to build factories in mountainous areas to drive economic growth in poverty-stricken areas.
At the "Concept of Common Wealth and the Position of Entrepreneurs - 2021 Zhejiang Entrepreneurs Association New Media Committee Roundtable Dialogue" held in 2021, Zong Qinghou also mentioned that sharing the development achievements of enterprises with employees is a "shared wealth" a form.
Wahaha increases the income of employees every year. The monthly bonus is guaranteed at 4,000 yuan, which increases in proportion to the profit. At the end of the year, Wahaha also distributes year-end bonuses and dividends for dry shares.
Where is Wahaha's "confidence" to increase employees' income?
Zong Qinghou revealed that Wahaha's development in 2021 is OK, with an increase of 17%.
Zong Fuli officially "take over"
With a personnel change of Wahaha, Wahaha's "Era of Zong Qinghou" can be said to be officially turned over.
On December 9, 2021, Wahaha Group released a news about personnel changes on its official website: Ms. Zong Fuli was appointed as the company's vice chairman and general manager, responsible for daily work, effective immediately.
Ms. Zong Fuli, together with Mr. Zong Qinghou, chairman of the company, will inject evergreen vitality into Wahaha's steady development.
This move is considered to be a signal that Zong Fuli will take over Zong Qinghou in an all-round way.
After returning from studying abroad in 2004, Zong Fuli devoted herself to the beverage industry and stepped into the first-line production workshop.
According to Wahaha Group, Zong Fuli has independently led Hongsheng to grow into one of the top 500 private enterprises in China since serving as the president of Hongsheng Beverage Group in 2007, and has been the head of the brand public relations department of Wahaha Group since April 2018. Since January, he has also served as the deputy general manager of Wahaha Group Sales Company.
In November 2021, the Hurun Research Institute released the "2021 Hurun Women Entrepreneurs List", and Zong Fuli ranked 16th with a wealth of 40 billion yuan.
It is reported that Zong Fuli holds one-third of Wahaha's shares.
The Qixinbao APP shows that there are currently 60 Zong Fuli affiliated companies, serving as shareholders, executive directors and general managers, and executive directors.
For his daughter Zong Fuli's evaluation, Zong Qinghou expressed his affirmation many times, frankly admitting that his daughter is more powerful than him. In this year-end evaluation, (employees) are very docile.
Zong Fuli has been the factory manager for 17 years, and she has experience.
It is reported that since Zong Qinghou founded Wahaha when Zong Fuli was 5 years old, parents who were busy with work had little time to take care of the young Zong Fuli. One person went to the United States to study abroad, and in such a growing environment, it is not surprising that Zong Fuli has grown into a strong woman who speaks for itself.
"Beverage Empire" keeps innovating
Wahaha started out with children's nutritional oral liquid, and has launched AD calcium milk, pure water, nutrition express, cool and other well-known products.
With the model of "joint sales", products can quickly penetrate into all parts of the country, even in remote rural areas, Wahaha has thus built a huge "beverage empire".
With the increasingly younger consumer groups, Wahaha has also begun to have more attempts and innovations.
For example, it has set foot in the tea industry and launched a variety of milk teas with AD calcium milk as raw materials.
In 2018, Wahaha launched Wahaha AD calcium milk-flavored mooncakes; in 2019, the Dragon Boat Festival launched a new product "Wahahahahahaha Zongzi"; in 2020, Wahaha and Zhong Xuegao launched AD calcium milk-flavored "juvenile ice cream"; in 2021, Nutrition Express will join forces CCTV Huacai Youth, further strengthen the "national tide" image.
Even, Wahaha also entered the venture capital industry.
In July 2021, Zong Qinghou, the founder of Wahaha, obtained the fund qualification certificate. The industry speculates that after entering the venture capital circle, he will seek new transformation targets for Wahaha from an investment perspective.
On December 27, 2021, Wahaha held a sales meeting with the participation of distributors across the country. At that time, Zong Qinghou and Zong Fuli attended together, and Zong Fuli announced four strategies on behalf of Wahaha Group: The first is to start The second is the two major IPs to help rejuvenate the brand, the two major IPs are AD calcium milk and very cola; the three major categories target market segments, and these three categories refer to soda water, sports drinks and "New tea and new juice"; the four major products continue to have hematopoietic channels.
Zong Qinghou has always been somewhat resistant to capital, which has caused the media to describe Wahaha's listing in terms of "never listed", "refused to be listed" and "never listed" for a long time in the past.
However, at the celebration of Wahaha's 30th anniversary, Zong Qinghou relented and said, "After listing, it can speed up the development of the company, and it will be considered at an appropriate time."
In July 2020, media reports said that Wahaha was considering an IPO, and the financing scale may exceed 1 billion US dollars.
But Wahaha later stated that "there are no plans to go public".
In July 2021, Zong Qinghou said in an interview with the media again: Listing depends on the demand, Wahaha is not bad at present, and there are 15 billion yuan in the bank!
But for capital, the successor Zong Fuli has an open attitude.
In 2019, Zong Fuli said in an interview: "Wahaha's listing is a very normal move." She also said, "If you are not a listed company, everyone will have doubts about your investment. Although we are also a big brand Enterprises, but others will think that a listed company is a company with clear and standardized procedures, and they will be more confident in negotiating with you.”